4609 S 6th St - Storefront FOR SALE


Klamath Falls, OR 97603
$595,000 USD
541-891-7826
4609 S 6th St, Klamath Falls, OR for Sale
$595,000 USD
Storefront - FOR SALE
1/14
null | 7.08% Cap Rate

4609 S 6th St
Klamath Falls, OR 97603


HIGHLIGHTS

  • Very high traffic count on what is also State Hwy 39/140
  • Plentiful off-street parking and extra lot area
  • Fully leased
  • Zoned general commercial allowing for many different uses
  • Popular area for both retail and service outlets including grocery and stores, restaurants, fast food, offices, medical services etc.
  • Located in an area home to many national, regional and local businesses

OVERVIEW

4609 and 4615 S 6th St commercial building with very high traffic count of 19970 + - VPD. Corner lot. 7320 SF divided into two units. Off street parking lot. Both units are currently leased. Building features 3 exterior overhead doors. Owner pays water, sewer and shell maintenance. One unit has 800 sf mezzanine for storage. New exterior paint. Extra area behind the building has chain link fencing and is included in the leases. Contact listing agent for financial information. Please do not disturb tenants. Community Benefits Klamath Falls is a midsized, growing community, located in Southern Oregon along Hwy 97 just 20 miles north of the California-Oregon border. The area is truly located in a scenically beautiful environment with Crater Lake National Park, Lava Beds National Park, Sky Lakes Wilderness Area, Mountain Lakes Wilderness Area and numerous other attractions nearby. The average cost of living is lower than the national average which provides for reasonable housing and labor costs. The primary retail trade population for the area is right at 45,000 while Klamath County’s population is close to 76,000. The secondary retail trade area population is at 88,000 with an impressive average household income of $$73,224. The area’s growth has been ahead of schedule with current growth numbers already reaching the 2030 estimates and looking to continue. The area is ripe for future development with many new projects in the pipeline. Randy Cox, the CEO/Executive Director and Andrew Stork, Project Manager, both of the Klamath County Economic Development Association are currently in contact with 50 plus projects totaling $4,400,000,000 of new investment and potential new investment projects. These will be very beneficial to the county and will help make Klamath Falls an even better choice for your investment and your ROI. Some of the major employers in the community are the Sky Lakes Medical Center, Oregon Institute of Technology, Kingsley Field Air National Guard Base, Jeld-Wen Windows & Doors, Collins Products LLC and the Klamath Community College. Major industries include agriculture, forest related occupations, health care, service industries, education, construction, manufacturing, transportation and tourism. Klamath has an educated work force with 50% having some college up to advanced degrees. Klamath County is home to a wide range of outdoor activities both summer and winter such as hiking, bird watching, hunting, boating, fishing, snowmobiling, camping, kayaking, cross country skiing and more, all right here.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

C, Klamath Falls

APN/PARCEL ID

R517854

ASK ABOUT THIS PROPERTY

Jack RookstoolRookstool Moden Realty LLCMore Info
541-891-7826

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Jack RookstoolRookstool Moden Realty LLCMore Info
541-891-7826

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