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For sale

$2,600,000

422 S 5th

Klamath Falls, OR 97601 · N/A

Baths: 0
Acres: 0.66
Built: 2019

Est. $15,050/mo~199 min to downtown Bend (approx.)

Listing by Coldwell Banker Holman Premier · 541-884-1343

MLS# 220225115 · Active

About this home

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.

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Price history

89 days, no changes

Date	Event	Price
Jul 9, 2026	Listed for sale	$2,600,000

From the MLS: original list price and latest price change. 89 days on market.

Drive times

~199 min to downtown Bend

Sunriver Village~179 min · 150.4 mi
Mt. Bachelor~187 min · 157.9 mi
Old Mill District~197 min · 166.7 mi
Downtown Bend~199 min · 167.7 mi
St. Charles Bend~201 min · 169.4 mi
Sisters~220 min · 186.4 mi
Redmond Airport (RDM)~221 min · 187.1 mi
Smith Rock State Park~232 min · 197.2 mi

Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.

Facts & features

Built 2019

Year built: 2019
Stories: 1
Lot: 0.66 AC · 28,750 SF
HOA: None reported
Taxes: $11,140/yr
Subdivision: N/A
County: Klamath
Days on market: 89
MLS #: 220225115

Interior: Wired for Data
Flooring: Carpet · Laminate
Heating: Electric · Forced Air
Cooling: Central Air
Parking: Parking Lot · Asphalt
View: Neighborhood
Lot: Level
Construction: Block · Frame
Roof: Metal

Location & schools

N/A

42.2221° N · 121.7806° W

Directions

Monthly payment

$15,050/mo

$2,080,000 loan · 30 yr fixed · 6.5%

Principal & interest: $13,147
Property tax (listing): $928
Home insurance (est.): $975

Down payment20% · $520,000

Interest rate6.500%

Loan term

Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.

$2,600,000

1/5

9 BD · 7.5 BA · 8,134 SF · 2.61 AC

6439 Coopers Hawk Road

Klamath Falls, OR 97601

#220224284

$2,265,000

1/5

75.3 AC · Land

4606 South Side By Pass

Klamath Falls, OR 97603

#220110367

Price cut $250K

$2,125,000

1/3

4 BD · 3 BA · 3,555 SF · 145 AC

6011 Breitenstein Lane

Klamath Falls, OR 97601

#220206553

Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 4:01 PM.

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