www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

Vacant Quick Service Restaurant | Former Burger King

Vacant QSR Property | Former Burger King | Prime Signalized Intersection QSR Location | 46,232 VPD

Listing Contacts

Active

Asking Price: $1,500,000
Address 

2710 S 6th St, Klamath Falls, OR 97603

Show on Map
Date Added
Aug 21, 2024
Days on Market
209 days
Time Since Last Update
55 days

Details

Property TypeRetail
SubtypeQSR/Fast Food, Restaurant
Square Footage3,086
Price/Sq Ft$486.07
Year Built1983
Buildings1
Stories1
Lot Size (acres)0.65
Parking (spaces)27
OwnershipFee Simple

Marketing Description

Northmarq Restaurant Group is pleased to offer for sale a vacant quickservice restaurant property located in Klamath Falls, OR.​ This investment, formerly a Burger King, is 3,086 SF and situated in one of the densest retail corridors in Klamath Falls.​ The property is zoned General Commercial (GC), which supports various potential commercial uses, and features a designated drive-thru area.​ The former Burger King benefits from increased traffic generated by national retail tenants such as Petco, Staples, Ross Dress for Less, PetSmart, and several national fast-food restaurants.​ It is also strategically located near three national brand hotels, less than one mile from the Klamath County Fairgrounds, and less than two miles from four national car dealerships: Ford, Subaru, Toyota, and Chrysler.​ The property is situated in Klamath Falls, Oregon, which is experiencing rapid growth.​ The County's Economic Development Association has announced $1.2 billion worth of development projects set to begin in the next two years.​ The property is less than two miles from TimberMill Shores, a two-phase mixed-use development that integrates government and public buildings with a pedestrian-friendly combination of retail, office, residential, hotel, recreation, and other uses.​ Klamath Falls will also benefit from the Swan Lake Energy Storage Project, which will use two artificial lakes to create a renewable energy storage facility.​ This project will power approximately 125,000 homes in the Pacific Northwest, create 480 jobs specifically in Klamath Falls, and 3,360 jobs statewide in Oregon.​

Investment Highlights

  • Located at the Intersection of S 6th Street and Washburn Way

    Combined 16.8 Million Annualized Traffic Count

  • Bustling Retail Corridor | Proximity to National Tenants

  • 3 Surrounding Hotels | 269 Room Count

  • Less than 1 Mile from Klamath County Fairgrounds

    Estimated 10,000 Fair Attendees in One Day

  • $1.2 Billion in New Development Planned for Klamath County

  • Nearby Industrial and Auto Corridor

    National Car Dealerships | Manufacturing and Industrial Facilities

  • Swan Lake Energy Storage Project Development

    Estimated 3,360 Jobs in Oregon | 480 Jobs in Klamath Falls

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


Similar Properties for Sale

Pictures of Retail property located at 2207 Washburn Way, Klamath Falls, OR 97603 for sales - image #1
$4,565,000
El Torito Supermarket | 3% Annual Increases
El Torito Supermarket • 3% Annual Increases • Largest Mexican Supermarket in Oregon

2207 Washburn Way Klamath Falls, OR 97603

Pictures of Retail, Office, Mixed Use property located at 3350 S 6th St, Klamath Falls, OR 97603 for sales - image #1
$435,000
3350 S 6th Street
Improved 2/3 Acre at corner of S. 6th and Altamont Klamath Falls, OR.

3350 S 6th St Klamath Falls, OR 97603

Pictures of Land, Office, Retail property located at Eberlein Ave, Klamath Falls, OR 97603 for sales - image #1
$249,000
Eberlein Avenue
Near major transportation hubs and industrial parks!

Eberlein Ave Klamath Falls, OR 97603

Pictures of Retail property located at 8600 US-97, Klamath Falls, OR 97601, 5350 Highway 97 N, Klamath Falls, OR 97601, 522 S. 6th Street, Klamath Falls, OR 97601, 7255 S. 6th Street, Klamath Falls, OR 97601, 30625 Highway 97 N, Chiloquin, OR 97624 for sales - image #1
Opportunity Zone
$10,400,000
5-Unit Oregon C-Store Portfolio - Klamath Falls, OR
5-Unit C-Store • Consistently Profitable With Strong Sales • Off Hwy 97

5 LOCATIONS

Pictures of Office, Retail property located at 513 Main St, Klamath Falls, OR 97601 for sales - image #1
Opportunity Zone
$498,750
JM Solutions LLC
Two commercial leases on Main St

513 Main St Klamath Falls, OR 97601

Pictures of Retail property located at 234 S Main St, Dorris, CA 96023 for sales - image #1
$1,838,824
Dollar General | California | 2022 BTS
6.80% CAP • 2.5% BUYSIDE FEE • AHI $86,136

234 S Main St Dorris, CA 96023

Pictures of Business for Sale, Retail property located at 28200 OR-140, Klamath Falls, OR 97601 for sales - image #1
$299,000
Odessa Market
Business for Sale

28200 OR-140 Klamath Falls, OR 97601

Pictures of Retail, Land property located at 3680 N HWY 97, Klamath Falls, OR 97601 for sales - image #1
$541,000
3680 N HWY 97
Retail • 49,222 SF

3680 N HWY 97 Klamath Falls, OR 97601

Pictures of Mixed Use, Office, Retail property located at 621-625-629 A Street, Ashland, OR 97520 for sales - image #1
$1,595,000
Mixed Use Commercial Building
Mixed Use • 5,518 SF

621-625-629 A Street Ashland, OR 97520

Pictures of Mixed Use, Office, Retail, Special Purpose property located at 340 A Street, Ashland, OR 97520 for sales - image #1
virtual tour
$4,200,000
340 A Street in Ashland, Oregon
Mixed Use • 4.54% CAP • 19,196 SF

340 A Street Ashland, OR 97520

Pictures of Office, Retail property located at 180 Lithia Way, Ashland, OR 97520 for sales - image #1
$2,490,000
Downtown Ashland OR - FULLY LEASED - Investment Property
Office • 5.01% CAP • 10,088 SF

180 Lithia Way Ashland, OR 97520

See more properties for sale in Klamath Falls
See More
See More Similar Properties
Broker Information
Broker Name
Matt Lipson
Broker License
OR OR 201225340
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .