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Listing provided courtesy of Keller Williams Realty Southern Oregon- MLS# 220193054MLS Provider

1501 Esplanade Avenue #A&BKlamath Falls, OR 97601

Commercial · 7,873 Sq. ft. | 0.30 Acres
$500,000 Active

1501 Esplanade Avenue #A&B Overview

Time on Site:
583 days
Visits:
14

Commercial center with two buildings and off-street parking. Great location in high traffic area, near downtown Klamath Falls.Nice spaces with multipurpose use. Flexible renting spaces with the ability to adjust interior walls to accommodate needed space size makes the building easy to rent out. Rear building with 5 roll up doors and the ability to add two more. Three man door approx. 6,158 sq. ft. with additional storage loft space. Space A is apx. 3,400 sq. ft. with 2,400 sq. ft. storage loft. Large shop, 1/2 bath, and 2 each 9 ft. roll-up doors. Space B is 990 sq. ft. office showroom and shop space, 1 man door, 1 9ft. roll-up door. Space C is 2,368 sq. ft. with 800 sq. ft. storage loft. Showroom, office, 1/2 bath, shop sink and cabinets. Standalone building located on the corner of Esplanade and Spring St. has approx. 1,115 sq. ft. 2 each 9 ft. roll up doors, 1 man door, office, 1/2 bathroom. car lift, air compressor, storage/parts room. All 4 units currently rented.

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1501 Esplanade Avenue #A&B Facts & Features

  • Type Commercial
  • Sq. ft. 7,873
  • Price/Sq.ft. $64
  • Lot 0.30 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1981

Location/Region

  • County Or Parish: Klamath
  • Subdivision Name: Klamath Falls -Hot Springs Addition

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Insurance,Interior Maintenance

Tax Information

  • Tax Annual Amount: 2691.85
  • Tax Year: 2022

General Information

  • Exclusions: Tenants personal tools, equipment and property
  • Inclusions: Lift, Compressor
  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: 373063
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Other
  • Building Area Total: 7873.0

General Information

  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Foundation Details: Slab
  • Levels: One

Unit Information

  • Unit Number: A&B

Exterior

Parking Information

  • Parking Features: Asphalt

Lot Information

  • Additional Parcels Description: 37063 -1501 Esplanade Ave and 373045 - 421, 417 A&B N. Spring St.
  • Additional Parcels: true
  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Square Feet: 13068.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Block
  • Roof: Metal,Rolled/Hot Mop

General Information

  • Number Of Units Total: 4
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer

1501 Esplanade Avenue #A&B 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.

1501 Esplanade Avenue #A&B 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.

1501 Esplanade Avenue #A&B 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

1501 Esplanade Avenue #A&B History

Date Event Value Agent
10/6/2025Source: Oregon Datashare Price Increase
$500,000 2.1%
2/14/2025Source: Oregon Datashare Status Change
Active
1/31/2025Source: Oregon Datashare Status Change
Pending
11/23/2024Source: Oregon Datashare Added to Database
November 23, 2024