Listed by: Elizabeth Eagleton · Coldwell Banker Holman Premier

$2,600,000
  • — beds
  • 0 baths
  • — sqft

422 S 5th, Klamath Falls, OR 97601

Est. $14,617/moPayment calculator
  • Single familyHome type
  • Built in 2019Year built
  • 0.66 acresLot
  • NoneHOA

About this home

  • Listed Jul 10, 2026
  • 85 days on market
  • 52 photos

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.

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Wired for Data

Heating & cooling

  • Electric
  • Forced Air
  • Central Air

Flooring

  • Carpet
  • Laminate

Property

Lot size
0.66 acres
Subdivision
N/A

View

  • Neighborhood

Parking

  • Asphalt
  • Parking Lot

Construction

Home type
Single family
Property type
Commercial Sale
Year built
2019

Materials

  • Block
  • Frame
  • Metal roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Klamath

Financial & listing details

List price
$2,600,000
Annual property tax
$11,140
Date on market
Jul 10, 2026
Days on market
85
MLS#
220225115

Price & status history

DateEventPrice
Jul 10, 2026Listed for sale$2,600,000

Neighborhood

  • SubdivisionN/A
  • CityKlamath Falls, OR 97601
  • CountyKlamath

Payment calculator

Estimated monthly payment

$14,617/mo

  • Principal & interest$13,147
  • Property taxes$928
  • Homeowners insurance$542
  • HOA dues$0

Loan amount $2,080,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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MLSCO

Listing provided by Coldwell Banker Holman Premier · Listing agent: Elizabeth Eagleton

Source
MLS of Central Oregon
MLS#
220225115
Last updated
Jul 10, 2026 at 3:54 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.