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Main Street Storage, Laundromat & Apartments

Klamath Falls, OR (Klamath County)

Main Street Storage, Laundromat & Apartments
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Asking Price: $1,117,500

Gross Revenue: N/A

Price/Sq. Ft.: N/A


Building SF: 20,682


Year Built: 1960

Main Street Storage, Laundromat & Apartments

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Property Description

Storage, Laundromat and Apartments

One property and a multitude of income streams to weather any storm. A healthy mini storage business with 117 units, 11 full residential apartments, a commercial retail and/or office space on a busy street, RV parking rental, laundromat and a washing & folding laundry service complete with a delivery van! All under one roof, security system, and an onsite manager who would like to stay. The cap rate is 8.37% or 10.93% for owner occupied. Many improvements have been made. The retail suite has 7 separate offices, plus the retail showroom lobby and a multitude of potential desk locations or conference rooms, showrooms, data or storage rooms. Geothermal heat throughout keeps your overhead low. There's even a large basement for possible mini storage expansion. Appointment only with 48 hours notice. All information deemed reliable, but subject to change. Buyer to do your own due diligence on all aspects of property, businesses, information provided and permitted uses.

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Klamath Falls, OR
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Property Listed By:
John Ford

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