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Investment Highlights

  • Two adjacent parcels combined for flexible site planning.
  • Utilities available at the street including city water, sewer, power, and gas.
  • Completed Phase 1 Environmental report on file for development readiness.
  • Zoned Light Industrial, accommodating a range of potential uses.
  • Located in both an Opportunity Zone and Enterprise Zone offering potential tax benefits.
  • Downtown location with proximity to major thoroughfares and business amenities.

Executive Summary

Level lot with utilities at the street and located in the downtown area of Klamath Falls. Zoned Light Industrial with a clear Phase 1 environmental report on file. Located within the Opportunity Zone and Enterprise Zone for potential tax benefits when developing. Buyers to do their due diligence regarding their intended use, utilities, buildability, zoning, etc.

Property Facts

Price $39,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Total Lot Size 0.26 AC
No. Stories 1
Opportunity Zone Yes
Zoning C1 - Light Industrial

1 Lot Available

Lot

Price $39,000
Price Per AC $150,000.00
Lot Size 0.26 AC

This offering includes two tax lots totaling approximately 0.26 acres in downtown Klamath Falls, presenting a versatile development opportunity.

Description

The property consists of two tax lots totaling about 0.26 acres located in downtown Klamath Falls, Klamath County. It is zoned Light Industrial and lies within both an Opportunity Zone and Enterprise Zone. The site has paved road access and utilities available at the street. A Phase 1 Environmental report is on file. This parcel is part of an urban setting with nearby commercial services and regional transportation routes.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
R414956
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$295,960
  • Listing ID: 41217700

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 337 Commercial St, Klamath Falls, OR 97601

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