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$189,000

For Sale

2 days ago

1028 Main St, Klamath Falls, OR

House

MLS® 220224002

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $3,318
Days Active 1
Lot Size 0.09 Acres
Approx. Age 1920
MLS® Number 220224002

Property Address: 1028 Main St, Klamath Falls, OR, 97601-5813

Average square foot calculated using Size range provided by listing agent.

Description

Historic redevelopment opportunity in downtown Klamath Falls. Formerly the iconic Arcade Hotel, this three-story commercial building offers approximately 10, 500 sq.ft. and exceptional potential for investors, developers, or adaptive reuse projects. Original features include a distinctive brick façade, tall lobby ceilings, Douglas fir flooring, and original wood banisters. Upper floors have been taken down to the studs, creating a blank canvas for restoration. Recent improvements include roof repairs, debris removal, a new 400-amp meter main, new 400-amp sub panel, and a new sewer line in the building, providing a cleaner start for redevelopment. Zoned General Commercial with public utilities available. The building requires substantial rehabilitation, including seismic retrofit. Previously selected for Oregon Main Street Revitalization Grant funding. Buyer to perform all due diligence.
MLS® Number220224002
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementPartial, Unfinished
DrivewayAlley Access, On Street
Garage Spaces
HeatNone
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 24, 2026List Date
$189,000List Price
  • Commute

Commute

Starting Address
Destination Address
1028 Main St, Klamath Falls, OR

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