422 S 5th, Klamath Falls, OR 97601
$2,600,000
Property Type:
Commercial Sale
Square Footage:
8,264
Lot Size (sq. ft.):
28,750
Status:
Active
Current Price:
$2,600,000
List Date:
7/10/2026
Last Modified:
7/10/2026
Overview
Description
Listing Details MLS# 220225115
General Property Information
- Building Area Total
- 8264
- Building Area Source
- Other
- Building Area Units
- Square Feet
- # of Units Total
- Yes
- Year Built
- 2019
- New Construction YN
- No
- Zoning
- GC
- Tax Annual Amount
- 11139.98
- Tax Year
- 2025
- Potential Tax Liability YN
- No
- Assessment YN
- No
- CC&R's YN
- No
- Preferred Escrow Company & Officer
- First American-Sarah Amaya
- FIRPTA YN
- No
- Sign On Property YN
- Yes
Property Features
Additional Features:
ADA Comply; Bath Common Area; Common Area; Kitchen; Laundry Facility; Living Area in Building; Office Space
Basement:
None
Common Walls:
No Common Walls; No One Above; No One Below
Construction Materials:
Block; Frame
Cooling:
Central Air
Flooring:
Carpet; Laminate
Foundation Details:
Concrete Perimeter
Heating:
Electric; Forced Air
Interior Features:
Wired for Data
Levels:
One
Roof:
Metal
Security Features:
Carbon Monoxide Detector(s); Security System Owned; Smoke Detector(s)
Business Type (AKA Sub Type):
Income/Investment; Professional Service; Professional/Office
Flood:
Unknown
Utilities:
Cable Available; Electricity Connected; Fiber Optics Available; Natural Gas Available; Phone Available
Lot Features:
Level
Parking Features:
Asphalt; Parking Lot
Road Frontage Type:
Shared Access
Road Surface Type:
Paved
Structure Type:
Office
View:
Neighborhood
Power Production:
None
Sewer:
Public Sewer
Water Source:
Public
Documents on File:
Rental Agreement
Listing Terms:
Cash; Conventional
Special Listing Conditions:
Standard
Location Tax and Legal
- Street Number
- 422
- Street Dir Prefix
- S
- Street Name
- 5th
- County
- Klamath
- State
- OR
- Postal Code
- 97601
- Subdivision Name
- N/A
Contract Information
- Original List Price
- 2600000
- Listing Contract Date
- 2026-07-10
- Dual Listing YN
- No
Remarks and Miscellaneous
- Public Remarks
- 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.
- Directions
- Traveling north on OR-39 BUS N/S 6th St; Continue straight onto S 6th St; Turn left onto Oak St; Turn left onto S 5th St. Building to the immediate right.
Status Change Information
- Status Change Timestamp
- 2026-07-10
More Information
Currently Not Used
- List Price per SqFt
- 314.62
Unit 1
- Unit #
- Yes
- Tenant Name
- Capstone CPA's
Business Details
- Business Included?
- No
Parking Details
- Parking
- Yes
- # of Parking Spaces
- 26
Listing Office:
Coldwell Banker Holman Premier
Last Updated: July - 10 - 2026
Information deemed reliable but not guaranteed.