Revitalize a Downtown Icon - The Historic Arcade Hotel In the heart of downtown Klamath Falls, Southern Oregon, and steps from the new Downtown Park and adjacent to city parking, the former Arcade Hotel offers a rare shell space brimming with potential. This highly recognizable building features a dramatic front façade, tall lobby ceilings, Douglas fir flooring, and original wood banisters. The upper levels are down to the studs—originally hotel rooms—ready for transformation. This structure is primed for redevelopment. It's a big project needing vision and capacity, perfect for a developer looking to make a lasting mark on the city. An opportunity in a beautiful growing downtown corridor and perfect for a boutique hotel, apartments, retail - bring your vision!