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2815 Laverne Ave 9,520 SF 100% Leased Flex Building Klamath Falls, OR 97603 $1,687,097 CAD ($177.22 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent location
  • High traffic
  • High occupancy
  • Stable tenants
  • Generous parking

EXECUTIVE SUMMARY

Well located flex building with great curb appeal. Fully leased with excellent history and mostly long-term tenants. Building is designed with front office/showroom areas and rear high ceiling warehouses/shop areas with roll up doors. Generous paved parking in the front of the building. Shared fenced gated yard behind the building. Building is just off of one of Klamath Falls busiest streets which leads to Crater Lake Klamath Regional Airport just 3 miles away. Walmart is 1/4 mile away. Gross rents of $94,021 for a 6.5% cap rate. Financial details available upon request. Interior photos are pre-move-in.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $129,984 $13.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $129,984 $13.65
Taxes $8,848 $0.93
Operating Expenses $11,475 $1.21
Total Expenses $20,323 $2.13
Net Operating Income $109,661 $11.52

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $129,984
Annual Per SF $13.65
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $129,984
Annual Per SF $13.65
Taxes (CAD)
Annual $8,848
Annual Per SF $0.93
Operating Expenses (CAD)
Annual $11,475
Annual Per SF $1.21
Total Expenses (CAD)
Annual $20,323
Annual Per SF $2.13
Net Operating Income (CAD)
Annual $109,661
Annual Per SF $11.52

PROPERTY FACTS

Price $1,687,097 CAD
Price Per SF $177.22 CAD
Sale Type Investment
Cap Rate 6.50%
Sale Condition 1031 Exchange
Property Type Flex
Building Class B
Lot Size 1.04 AC
Rentable Building Area 9,520 SF
No. Stories 1
Year Built 2007
Parking Ratio 1.26/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 5
Zoning IH - Special county agreement allows for most general commercial uses.

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R542559
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$716,149 CAD
Annual Taxes
$8,848 CAD ($0.93 CAD/SF)
Tax Year
2025
  • Listing ID: 38672025

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 2815 Laverne Ave, Klamath Falls, OR 97603

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