1414 Oregon AVE, Klamath Falls, OR 97601
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1414 Oregon AVE, Klamath Falls, OR 97601
1414 Oregon AVE, Klamath Falls, OR 97601
1414 Oregon AVE, Klamath Falls, OR 97601
1414 Oregon AVE, Klamath Falls, OR 97601
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Jared Hambrook

Jared Hambrook

+1(503) 930-2124
$ 300,000
Est. payment /mo
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Pending

1414 Oregon AVE Klamath Falls, OR 97601

1,536 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 1,536 sqft

Price per Sqft $195

Subdivision Klamath Falls -Fairview Addition No. 2

MLS Listing ID 220213526

Year Built 1959

Annual Tax Amount $1,430

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 0.12

Property Description

A GREAT opportunity to own commercial property & run established lottery business! Located at 1414 Oregon Ave., building was updated in 2024, offers strong income potential & well above market avg ROI. Provides a welcoming environment for patrons & proven business model for owner-operator investors. Property boasts 6 Oregon Lottery machines in a private, comfortable atmosphere w/central sales area. Currently features limited menu to accompany lottery operation & previously, successfully partnered with neighboring food retailer to provide convenient eat-in options. The 1402 Ore. Ave. next door is available to purchase at $375,000 for a large discount, creating a higher ROI rate, offered when purchased together. Whether you are looking to expand your investment portfolio or step into an established operation with built-in clientele, this is a rare opportunity offering immediate value & long-term potential. Buyer to do due diligence regarding Lotto.

Location

State OR

County Klamath

Community Klamath Falls -Fairview Addition No. 2

Direction Head West on S 6th St; Turn rt onto Commercial St; Turn Lft on S 11th St.; Turn Lft on Upham Dr.; Continue onto Oregon Ave. Property is on the left.

Rooms

Basement None

Interior

Heating Other

Cooling None

Window Features Aluminum Frames

Exterior

Parking Features Asphalt, On Street, Parking Lot

Roof Type Asphalt

Building

Lot Description Level

Foundation Slab

Water Public

Level or Stories One

Structure Type Block

New Construction No

Others

Senior Community No

Tax ID 301177

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Coldwell Banker Holman Premier

NEARBY SCHOOLS & PROPERTIES

Jared Hambrook

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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1414 Oregon AVE

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