1414 Oregon Avenue, Klamath Falls, OR 97601 | MLS #220213526 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Coldwell Banker Holman PremierMLS# 220213526MLS Provider
  • 172 days on site
  • 14 views

A GREAT opportunity to own commercial property & run established lottery business! Located at 1414 Oregon Ave., building was updated in 2024, offers strong income potential & well above market avg ROI. Provides a welcoming environment for patrons & proven business model for owner-operator investors. Property boasts 6 Oregon Lottery machines in a private, comfortable atmosphere w/central sales area. Currently features limited menu to accompany lottery operation & previously, successfully partnered with neighboring food retailer to provide convenient eat-in options. The 1402 Ore. Ave. next door is available to purchase at $375,000 for a large discount, creating a higher ROI rate, offered when purchased together. Whether you are looking to expand your investment portfolio or step into an established operation with built-in clientele, this is a rare opportunity offering immediate value & long-term potential. Buyer to do due diligence regarding Lotto.

Source: Oregon Datashare, MLS#: 220213526

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  • Property Type
    Commercial Sale
  • Lot
    0.12 acres

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  • Median Age
    41
  • Population Density
    39
  • College Educated
    33%
  • Estimated Median Income
    $45,392
  • Estimated Total Home Owners
    5,687
  • Estimated Total Renters
    4,420
  • Owner / Renter Divide
    56% / 44%
  • Estimated Average Household Size
    2
  • Total Population
    23,020
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/4/2026Source: Oregon Datashare Price Reduction
$300,000 -20.0%
1/8/2026Source: Oregon Datashare Added to Database
January 08, 2026