1. Oregon
  2. Klamath Falls
  3. 1028 Main Street
$199,000

1028 Main Street, Klamath Falls, OR 97601

  • 10,500 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $19/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Revitalize a Downtown Icon - The Historic Arcade Hotel In the heart of downtown Klamath Falls, steps from the new Downtown Park and adjacent to city parking, the former Arcade Hotel offers a rare shell space brimming with potential. This highly recognizable building features a dramatic front façade, tall lobby ceilings, Douglas fir flooring, and original wood banisters. The upper levels are down to the studs—originally hotel rooms—ready for transformation. This structure is primed for redevelopment. It's a big project needing vision and capacity, perfect for a developer looking to make a lasting mark on the city. An opportunity in a beautiful growing downtown corridor. Qualified buyers only - this is a very large project.

Listing Status:
Pending
Date Added:
June 2, 2025 at 05:00AM
Listing Office:
Windermere Real Estate Kf : 541-885-4400
MLS ID:
220203040

This listing courtesy of Windermere Real Estate Kf

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mills Elementary School

520 E Main St, Klamath Falls, OR, 97601

Grades KG-5

0.71 miles away

P

Ponderosa Middle School

2554 Main St, Klamath Falls, OR, 97601

Grades 6-8

0.92 miles away

K

Klamath Union High School

1300 Monclaire St, Klamath Falls, OR, 97601

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.