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    900 Klamath Avenue

    Klamath Falls, OR 97601
    • $975,000
    • STATUS: Active
    • ON SITE: 21 Days
    • MLS #: 220132830
    UPDATED: 84 min ago
    $975,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    • $122
      $/SQFT
    Type:
    Commercial
    Built:
    1968
    County:

    School Ratings & Info


    Listing courtesy of Windermere Real Estate Kf.

    Description

    Investment Opportunity: Updated office building in excellent condition in downtown Klamath Falls. Good-sized private offices, reception area, conference room, bathrooms, IT room, kitchen, and dedicated parking lot. Fully finished basement area with large meeting rooms plus private offices. Building was originally a bank and so the vault is still in place. Tenant (ZCS Engineering) has 3 years remaining on an NNN lease. Contact listing agent for details. Sale price represents an 8.4% CAP rate. Sale is for the building only.

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    © 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2021-10-22T17:45:05.027
    www.arendsrealtygroup.com/homes/121933640
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    900 Klamath Avenue Klamath Falls, OR 97601

    • Price: $975,000
    • Status: Active
    • Updated: 84 min ago
    • MLS #: 220132830
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    8,000
    SQFT
    $122
    $/SQFT
    1968
    Built
    County:
    Klamath
    Area:
    Klamath Falls
    Property Description
    Investment Opportunity: Updated office building in excellent condition in downtown Klamath Falls. Good-sized private offices, reception area, conference room, bathrooms, IT room, kitchen, and dedicated parking lot. Fully finished basement area with large meeting rooms plus private offices. Building was originally a bank and so the vault is still in place. Tenant (ZCS Engineering) has 3 years remaining on an NNN lease. Contact listing agent for details. Sale price represents an 8.4% CAP rate. Sale is for the building only.
    Exterior Features

    Construction Materials BrickFrame Foundation Details Concrete Perimeter Levels Two Lot Features Corner LotDrip SystemLandscapedLevelSprinkler Timer(S) Parking Details Numberof Parking Spaces 24 Parking Details Parking Yes Parking Features AsphaltOn StreetParking Lot Roof Membrane

    Interior Features

    Additional Features KitchenOffice Space Basement FinishedFull Cooling Central Air Flooring CarpetVinyl Heating Forced AirNatural Gas Security Features Fire Sprinkler System Unit1 Rent Escalators Yes Unit1 Square Footage 8000.00

    Property Features

    Additional Parcels YN Yes CCAnd Rs YN No Cross Street 9th Street Existing Lease Type Nnn FIRPTAYN No Flood N/A Government Overlay Opportunity Zone Incomeand Expenses Annual Amounts Cap Rate Basi Current Incomeand Expenses Annual Amounts Cap Rate Perc 8.40 Listing Terms CashConventional Miscellaneous Information UGB Inside New Construction YN No Owner Pays OtherRepairs Power Production Public Utilities Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7930.00 Tax Year 2020 Tenant Pays ElectricityExterior MaintenanceGasInsuranceInterior MaintenanceJanitorial ServiceOtherSewerTaxesWater Unit1 Optionto Extend Yes Unit1 Status Leased Unit1 Tenant Name Zcs Engineering Unit1 Unit Number 900 View Territorial Zoning Gc

    Listing information © 2021 MLS of Central Oregon
    Listing provided courtesy of Windermere Real Estate Kf.

    © 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2021-10-22T17:45:05.027
     
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    Arends Realty Group | Cascade Sotheby's International Realty
    290 E Cascade Ave. PO Box 609
    Sisters OR, 97759

    Listing courtesy of Windermere Real Estate Kf.