422 S 5thKlamath Falls, OR 97601

Description

Exceptional investment opportunity in this quality commercial office building offering approximately 8,300 SF & a stable tenant already in place. The existing lease includes an escalation clause, has 4 years remaining & provides an option to renew. Designed for functionality & professional appeal, the building features 2 entrances leading to 16 windowed offices, 3 variable-sized conference rooms, a kitchen with sink and dining area, & 4 restrooms- 1 with a shower. Additional improvements include heated front sidewalk, a dedicated parking lot with 26+ spaces & upgraded LED lighting, high-density mobile filing storage system, high-end updated fixtures, fire-resistant storage room, central air heating & AC. This property is positioned within Downtown Klamath Falls for strong public visibility on this well-appointed office property that offers a compelling combination of income, quality, and long-term potential.

Property Information

Property type

Commercial Sale

Structure type

Office

Year built

2019

Building area

8,264 Sq Ft

Lot size

0.66 acres

Days on market

124

MLS^® Listing#

220225115

Property Features

Interior

Wired for Data

Cooling

Central Air

Heating

Electric · Forced Air

Flooring

Carpet · Laminate

Basement

None

Parking

Parking Lot · Asphalt

Lot features

Level

Construction

Block · Frame

Foundation

Concrete Perimeter

Roof

Metal

Security

Carbon Monoxide Detector(s) · Smoke Detector(s) · Security System Owned

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$11,140Tax year 2025

Parcel number

477111

Directions

Traveling north on OR-39 BUS N/S 6th St; Continue straight onto S 6th St; Turn left onto Oak St; Turn left onto S 5th St. Building to the immediate right.