1305 Main St, Klamath Falls, OR 97601

TWO (2) ACRE COMMERCIAL PARCEL WITH OVER 15,000 SQ FT OF BUILDINGS IN A DOWNTOWN LOCATION WITH POTENTIALLY FREE GEOTHERMAL HEAT.....for....only....$525,000!<br><br>I can guarantee that this is the most amazing property--in terms of potential--that you have ever seen! It is one of only four remaining architectural styles of its type left in the United States. The style is a form of art deco called "Egyptian Revival." It was originally designed to capitalize on King Tut's discovery as a method to sell cars. The massive showroom has been restored to far beyond its original luster. <br><br>The former operator invested over $350,000 in remodeling one building into a fully functioning event center with a catering kitchen. This one building brought in over $1,000 per day when it was in operation. But there were financial problems and the property was repossessed. The new owner wants to liquidate this property far below market value. And he wants it gone now! <br><br>If someone bought this property and set up a spa or something hospitality-oriented, tapping hot water which typically comes in over 200 degrees, they'd be the only game in town. This is the only commercial zone in the community with direct access to the hot water resource. Health care and holistic medicine are growing rapidly in the town where this property is located. The greatest options for investors here could be (in order):<br><br>(1) A hot spring spa<br>(2) An event center<br>(3) A holistic care or medical center<br>(4) A business incubator (fiber optics on site)<br>(5) Mix of the above<br>(6) Any other private business function.<br><br>There is plenty of room to build more buildings. There are unfinished basements and upstairs spaces not included in the 15,000 sq ft. figure. <br><br>Listed by Agent<br/><br/>Brokered And Advertised By: 541 Realty<br/>Listing Agent: Jeff Ritter