1402 Oregon Avenue, Klamath Falls, OR 97601
Klamath Falls -Fairview Addition No. 2 · Klamath County
Key Facts
Description
1402 Oregon Ave. offers a unique commercial opportunity designed for business success w/separate walk-up & drive-thru window + patio for dining. Built in 2003, well-appointed 336 sf commercial building w/separate prep/washing/serving areas + bathroom. Flexibility & proven commercial appeal shown in the Current bistro & a previous BBQ shack. The lot has busy-road frontage, providing outstanding visibility. Includes storage building for day-to-day operation storage. Previously partnered w/lotto business to provide convenient eat-in options to Oregon Lottery patrons. Established use and operation on a main street, built-in clientele, customer-friendly layout & highly desirable drive-thru setup creates the ideal situation for stepping into an established operation offering immediate value & long-term potential/opportunity for investors, entrepreneurs or restaurateurs. 1414 Oregon Ave & Lottery business available. Large discount for both properties-$375,000=high ROI rate.
Property Information
Property Type
Commercial Sale
Structure Type
Flex
Year Built
2003
Living Area
336 sq ft
Lot Size
0.31 acres
Days on Market
46
MLS® Listing#
220222245
Property Features
Cooling
Heating
Flooring
Parking
Patio
Lot Features
Construction
Foundation
Roof
Other Structures
Sewer
Water Source
Financial Details
Annual Taxes
$1,171
Tax year 2025
Parcel Number
301195
Directions
Head West on S 6th St; Turn rt onto Commercial St; Turn Lft on S 11th St.; Turn Lft on Upham Dr.; Continue onto Oregon Ave. Property is on the left.
Affordability Calculator
$29,000
Estimated monthly payment
$772/mo
Principal $116,000 · Est. interest $161,830 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Klamath Falls, OR
- $375,333
- Median Listing Price
- 70
- Median Days on Market
- 1,844
- Median Sq Ft
- $215
- Median Price / Sq Ft
- 347
- Active Listings
- This home’s price is 61% below the area median.
- Its price per sq ft is 101% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Klamath Falls, OR.
Location
Points of Interest in Klamath Falls, OR
Showing the Klamath Falls area map.
Nearby Schools
Fairview Elementary School
Elementary · 0.1 mi away
Conger School Park
School · 0.4 mi away
Joseph Conger Elementary School
Elementary · 0.5 mi away
Klamath Union High School
Secondary · 0.5 mi away
Roosevelt Elementary School
Elementary · 0.7 mi away
Eagleridge High School
Secondary · 0.9 mi away
Mills Elementary School
Elementary · 1.3 mi away
Adventist Christian School
Secondary · 1.4 mi away
Pelican Elementary School
Elementary · 1.4 mi away
College Union
School · 1.5 mi away
Klamath Falls City Schools
School · 1.5 mi away
Ponderosa Middle School
Secondary · 1.5 mi away
Klamath Family Head Start
School · 1.6 mi away
Klamath County School District
School · 2.7 mi away
First Church of God
Elementary · 3.0 mi away
Triad School
Secondary · 3.1 mi away
Stearns Elementary School
Elementary · 3.6 mi away
Mazama High School
Secondary · 3.6 mi away
New Horizon Christian School
School · 3.7 mi away
Shasta Elementary School
Elementary · 3.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| N. Street 175, Klamath Falls, OR | $102,500 | — | — | — |
| 4647 Winter Avenue SPC 2, Klamath Falls, OR | $110,000 | 3 | 2 | 1,120 |
| 6138 Olson Mountain Way, Klamath Falls, OR | $115,000 | — | — | — |
| 11727 Clovis Drive, Klamath Falls, OR | $115,000 | 2 | 1 | 960 |
| 6707 Waggoner Court, Klamath Falls, OR | $119,000 | 3 | 2 | 1,152 |
| 0 Simpson Canyon Road 15, Klamath Falls, OR | $119,500 | — | — | — |
Moving Cost Estimate
EXIT Agents in Klamath Falls
Listing Courtesy: Coldwell Banker Holman Premier - 5418841343
Last Updated: 2026-05-28