All properties · Mixed-use
Klamath Main Mixed-Use
812 Main Street · Klamath Falls, OR · 97601 · Klamath County
Available
$940,000
$188,000 per unit · $115 per sq ft
- Units
- 5
- Year built
- 1926
- Building
- 8,200 sq ft
- Lot
- 5,000 sq ft
- Occupancy
- 90%
- Cap rate
- 7.1%
- NOI
- $66,740
- GRM
- 8.6x
About the property
Fictional placeholder listing for demonstration.
Two ground-floor retail bays with a long-standing café tenant, three one-bedroom apartments above. Brick masonry, seismic bolting completed 2016, new boiler 2022. One retail bay is vacant and shown in the underwriting at asking rent with three months' downtime.
Highlights
- Café tenant on a five-year lease through 2029
- Seismic retrofit 2016, boiler 2022
- Upside in the vacant retail bay