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1900 Main St
9,432 SF 92% Leased Office Building Klamath Falls, OR 97601 $1,700,964 CAD ($180 CAD/SF) 8% Cap Rate
Investment Highlights
- Possible owner carry
- Generous parking
- Economical geothermal heat system
- High occupancy
Executive Summary
Data Room Click Here to Access
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$178,601
|
$18.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$178,601
|
$18.94
|
| Taxes |
$15,680
|
$1.66
|
| Operating Expenses |
$26,166
|
$2.77
|
| Total Expenses |
$41,847
|
$4.44
|
| Net Operating Income |
$136,755
|
$14.50
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $178,601 |
| Annual Per SF | $18.94 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $178,601 |
| Annual Per SF | $18.94 |
| Taxes (CAD) | |
|---|---|
| Annual | $15,680 |
| Annual Per SF | $1.66 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $26,166 |
| Annual Per SF | $2.77 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,847 |
| Annual Per SF | $4.44 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $136,755 |
| Annual Per SF | $14.50 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2 months free rent incentive per year with a three year or longer lease. Office space for lease in commercial building shared by medical offices, State of Oregon office, a real estate office, property management office and a construction office. Very affordable as the owner provides free geothermal heating. Lighted parking lot and on street parking. ADA restroom. interior and exterior entrances, A/C. Landlord pays water, sewer, heat, snow removal and trash. Space has a reception area, 4 offices, a restroom, conference room or a 5th large office. Great access. TI's possible.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste F | 722 SF | Office | - | Now |
1st Fl-Ste F
| Size |
| 722 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste F
| Size | 722 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2 months free rent incentive per year with a three year or longer lease. Office space for lease in commercial building shared by medical offices, State of Oregon office, a real estate office, property management office and a construction office. Very affordable as the owner provides free geothermal heating. Lighted parking lot and on street parking. ADA restroom. interior and exterior entrances, A/C. Landlord pays water, sewer, heat, snow removal and trash. Space has a reception area, 4 offices, a restroom, conference room or a 5th large office. Great access. TI's possible.
PROPERTY TAXES
| Parcel Number | R417114 | Total Assessment | $974,411 CAD (2023) |
| Land Assessment | $0 CAD (2023) | Annual Taxes | $15,680 CAD ($1.66 CAD/SF) |
| Improvements Assessment | $0 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Presented by
Rookstool Moden Realty LLC
1900 Main St
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