1905 Main, Klamath Falls, OR 97601
$2,208,075
Property Type:
Commercial Sale
Lot Size (sq. ft.):
44,431
Status:
Closed
Current Price:
$2,208,075
List Date:
4/12/2014
Last Modified:
2/10/2026
Overview
Description
Listing Details MLS# 100184850
General Property Information
- Zoning
- City-general Co
- Tax Annual Amount
- 12940
Property Features
Construction Materials:
Brick; Frame
Cooling:
Central Air
Heating:
Geothermal
Roof:
Built-Up
Business Type (AKA Sub Type):
Medical
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
Profit and Loss Statement
Location Tax and Legal
- Street Number
- 1905
- Street Name
- Main
- County
- Klamath
- State
- OR
- Postal Code
- 97601
Contract Information
- Original List Price
- 2300000
- Listing Contract Date
- 2014-04-17
Remarks and Miscellaneous
- Public Remarks
- Geothermally Heated Building In Good Condition With Private Geothermal Well. Well-established Medical Practice Occupies The Building And Has 13.5 Years Remaining On A 15-year Lease. Tenant Pays All Property Taxes, Insurance Costs, And Utility Charges. Base Rent Increases Annually By Cost Of Living Index. This Investment Makes Sense And Pencils Well At An 8% Cap Rate. Annual Property Operating Data And Lease Are Available For Review To Qualified Buyers.Designed To Accommodate 9 Physicians Plus Staff, The Clinic Consists Of Private Offices For Each Physician, Numerous Exam Rooms, X-ray Room, Laboratory, Business/Accounting Area, Staff Restroom, Ada Compliant Public Restrooms, Patient Reception Area, And A Second-level Employee Lounge Including A Shower Room. Building Consists Of 150' Main St Frontage; 1.02 Acres; Approx. 10-y.O. Roof & Updating Plus 57 Dedicated Parking Spaces, **Note: Please Do Not Disturb The Business & Direct All Questions To The Listing Agents And Schedule Any Vie
- Directions
- Crater Lake Parkway. Turn West On Main Street. Building Is On The North Side Of The Street.
Status Change Information
- Close Date
- 2014-08-18
- Under Contract Date
- 2014-06-18
- Status Change Timestamp
- 2014-08-20
- Close Price
- 2208075
More Information
Listing Office:
Windermere Real Estate Kf
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.