1.6 AC · Land
4851 US-97
Klamath Falls, OR 97601
$1,450,000
Klamath Falls, OR 97603
MLS# 220228908 · Active
Outstanding owner/user, investment or redevelopment opportunity on one of Klamath Falls' busiest commercial corridors. This 13,000± SF commercial building sits on an oversized 1.91 acre (83,200 SF) CG-zoned site with approximately 74 parking spaces. South 6th Street traffic in the immediate area is approximately 18,000-20,000 vehicles per day, providing excellent exposure for retail, restaurant, entertainment, service, medical or other commercial uses. The real upside may be in the land: the existing improvements occupy only a portion of this large site, creating potential for additional development, expansion or redevelopment. Occupy the existing building, reposition it for a new use, or explore opportunities to create additional income from the underutilized portion of the property. A rare combination of substantial improvements, acreage, visibility and future upside. Development potential subject to buyer verification and governmental approval.
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| Date | Event | Price |
|---|---|---|
| Sep 17, 2026 | Listed for sale | $1,450,000 |
From the MLS: original list price and latest price change. 19 days on market.
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
42.2060° N · 121.7338° W
Directions$8,462/mo
$1,160,000 loan · 30 yr fixed · 6.5%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
1.6 AC · Land
4851 US-97
Klamath Falls, OR 97601
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4 BD · 2.5 BA · 3,538 SF · 15.6 AC
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Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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