$2,600,000
422 S 5 , Klamath Falls, OR 97601
- 8,264
- sqft
- 2019
- year built
- Status:
- Active
- MLS #:
- 220225115
- Listed By:
- Elizabeth Eagleton - Coldwell Banker Holman Premier
Sponsoring Broker: Dan Cook, Berkshire Hathaway HomeServices Northwest Real Estate
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.
Highlights
- Commercial Sale
- Built in 2019
- 0.66 Acre Lot
- 123 days on Market
-
- Year Built
- 2019
-
- Construction Materials
- Frame, Block
-
- Foundation
- Concrete Perimeter
-
- Parking Features
- Asphalt, Parking Lot
-
- Interior Features
- Wired for Data
-
- Flooring
- Laminate, Carpet
-
- Security Features
- Smoke Detector(s), Security System Owned, Carbon Monoxide Detector(s)
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Electric
-
- Basement
- None
-
- Acres
- 0.66
-
- Lot Features
- Level
-
- View
- Neighborhood
-
- Water
- Public
-
- County
- Klamath
-
- City
- Klamath Falls
-
- Neighborhood
- N/A
-
- Zip Code
- 97601
-
Nearby Schools
-
66out of 100
-
53out of 100
-
66out of 100
-
51out of 100
-
52out of 100
-
54out of 100
-
51out of 100
-
73out of 100
-
48out of 100
-
41out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Price History
| 07/10/2026 | Listed | $2,600,000 |
| Source: Oregon Data Share #220225115 | ||
Source: MLS Data
Deed History
| 08/05/2010 | Warranty Deed | $390,000 |
| 05/11/2005 | Special Warranty Deed | $0 |
Source: Public records via Constellation Data Labs
Mortgage History
| 04/01/2011 | Commercial | $350,000 |
| 02/27/2009 | Commercial | $100,000 |
| 02/04/2008 | Commercial | $515,000 |
| 01/04/2007 | Commercial | $442,522 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 422 S 5?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 422 S 5.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 422 S 5?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,600,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Klamath Falls, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 422 S 5?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 422 S 5 at around $15,724. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 422 S 5?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Klamath County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 422 S 5?
In most cases, yes. Whether 422 S 5 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Klamath Falls's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 422 S 5?
We can handle that for you. Our preferred local agent specializes in commercial sales in Klamath Falls and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $2,600,000 with 8,264 sqft of space—that comes out to approximately $315 per square foot.
How long has this property been on the market?
422 S 5 was listed on July 10, 2026, which means it's been on the market for 123 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2019, making it approximately 7 years old.
What is the lot size of this property?
422 S 5 sits on a 0.66-acre lot, which is 28,750 square feet.
What are the property taxes for 422 S 5?
The most recent public record shows annual property taxes for 422 S 5 were approximately $11,140. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 422 S 5 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than {{BROKERAGE}} are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Copyright ©2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved.
Last Updated: November 10, 2026 at 10:20AM | Source: Oregon Data Share | MLS#: 220225115