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Listing provided courtesy of Coldwell Banker Holman Premier- MLS# 220213526MLS Provider

1414 Oregon AvenueKlamath Falls, OR 97601

Commercial · 1,536 Sq. ft. | 0.12 Acres
$300,000 Active

1414 Oregon Avenue Overview

Time on Site:
173 days
Visits:
14

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.

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1414 Oregon Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 1,536
  • Price/Sq.ft. $195
  • Lot 0.12 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1959

Location/Region

  • County Or Parish: Klamath
  • Subdivision Name: Klamath Falls -Fairview Addition No. 2

Rent/Lease Information

  • Tenant Pays: Electricity,Sewer,Water

Tax Information

  • Tax Annual Amount: 1430.98
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: 301177
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1536.0

General Information

  • Basement: None
  • Common Walls: No Common Walls,No One Above,No One Below
  • Flooring: Laminate
  • Foundation Details: Slab
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Window Features: Aluminum Frames

Exterior

Parking Information

  • Parking Features: Asphalt,On Street,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Neighborhood

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block
  • Roof: Asphalt

General Information

  • Number Of Units Total: 1
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer

1414 Oregon Avenue Neighborhood

Community

97601 (Klamath Falls) Demographics

41
Median Age
39
Population Density (per sq. mile)
33%
College Educated
$45,392
Estimated Median Income
5,687
Estimated Total Home Owners
4,420
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1414 Oregon Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1414 Oregon Avenue Market Data

Based on the last 30 days in this zip code

$452,158
Average List Price
$218
Average Price per Square Foot
34
Properties Sold
111
Average Days on Market
234
Properties for Sale
Calculations provided by Reliance Network

1414 Oregon Avenue History

Date Event Value Agent
6/4/2026Source: Oregon Datashare Price Reduction
$300,000 -20.0%
1/8/2026Source: Oregon Datashare Added to Database
January 08, 2026