422 S 5th St - Office FOR SALE


Klamath Falls, OR 97601
$2,600,000 USD
541-891-6393
422 S 5th St, Klamath Falls, OR for Sale
$2,600,000 USD
Office - FOR SALE
1/52
null | Request Cap Rate

422 S 5th St
Klamath Falls, OR 97601


HIGHLIGHTS

  • Great Investment Opportunity
  • Upgraded Commercial Building
  • Commercial Building with Tenants

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

GC

APN/PARCEL ID

477111

ASK ABOUT THIS PROPERTY

Elizabeth EagletonColdwell Banker Holman Premier RealtyMore Info
541-891-6393

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Elizabeth EagletonColdwell Banker Holman Premier RealtyMore Info
541-891-6393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.