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Mixed-Use Land for Sale in Klamath Falls, Oregon

Timbermill Shrs, Klamath Falls, OR 97601

$744,000
1.9 acres
Active
Est $5,907/mo

Waterfront Commercial Lot - 1.9 Acres - Unique opportunity for waterfront commercial development in downtown Klamath Falls. Lot 3 of TimberMill Shores near the new Marriott Fairfield Inn, new government building, and Veteran's Park. Visibility from Highway 97 and Klamath Ave along the main entrance to downtown Klamath Falls. Geothermal capability for green energy & heated sidewalks. Streets and utilities are in. Dedicated and installed geothermally heated walking path runs along the waterfront. Recent construction in this Mixed Use zoned development makes it a prime opportunity with flexibility for waterfront development for hotels, offices, condos, restaurants, etc. Located in Southern Oregon on the main arterial into downtown Klamath Falls - home to Crater Lake National Park and Kingsley Field National Guard Air Base.

Location

Street address
Timbermill Shrs, Lot 3
Community
Timbermill Shores
Elevation
4,091 feet
Coordinates
42.2203, -121.7853

Directions

Located on Klamath Avenue across from the library and next to People's Bank

Property details

Acreage
1.9 acres
Zoning
MU
MLS #
KCAR 220161020
Posted

Property taxes

2024
$9,952

Parcels

  • 892240

Details and features

Listing

Type
Land
Subtype
Other

Lot

View
City, Lake, Mountain
Features
Lake Front, Waterfront

Listing history

DateEventPriceChangeSource
Aug 7, 2025Relisted$744,000KCAR
Aug 2, 2025Listing removed$744,000Listing agent
Jan 12, 2025Relisted$744,000KCAR
Jan 2, 2025Listing removed$744,000Listing agent
Nov 5, 2024Relisted$744,000KCAR
Nov 2, 2024Listing removed$744,000Listing agent
Oct 2, 2024Relisted$744,000KCAR
Oct 2, 2024Listing removed$744,000Listing agent
July 4, 2024Relisted$744,000KCAR
June 30, 2024Listing removed$744,000Listing agent
Mar 23, 2023New listing$744,000KCAR
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This 1.9-acre property is located at Timbermill Shrs Lot 3 in Klamath Falls, OR 97601. The property is available for sale for $744,000 with a price per acre of $391,579.

Checked 38 mins ago — Updated

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Copyright (C) 2025 Klamath County Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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