Established Tavern on Large
20005 58 Highway Crescent Lake, OR 97733
20005 58 Highway, Crescent Lake, OR, 97733
$1,400,000
For Sale
$1,400,000
COMMERCIAL - Crescent Lake, OR
Property Size5,000 SF
Lot Size6.63 Acres
Price / SF$280
Days on Market98
Property Features for 20005 58 Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot, Driveway, RV
- Interior features
- Ceiling Fan(s), Laminate Counters
- Fireplace
- 1
- Standard status
- Active
- APN
- 144089
- Size
- 5,000 SF
- Lot size
- 6.63 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3215
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Wood, Ductless (Heating), Fireplace(s)
- Cooling system
- Ductless
- Water source
- Well, Private
Building Details
- Year built
- 1978
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Concrete, Laminate
- Building materials
- Frame
- Roof type
- Composition
Listing agency
Crescent Lake Realty LLC
(541) 433-5368
Listed by
Donna Werner · License #780203954
(541) 480-3373
Added: Apr 16 Updated: Jun 9 at 1:40PM Checked: Jul 22 at 7:06PM
MLS# 220219443
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a 5,000 square foot tavern located in Crescent Lake, Oregon. The property is situated on over 6 acres of RCR-C zoned land, offering commercial potential and residential flexibility. The sale includes a double-wide and a single-wide manufactured home, suitable for rental income or on-site living. The tavern is known for its broasted chicken and laid-back atmosphere, attracting both local patrons and travelers. This property presents a turn-key business opportunity with room for growth.
Key Highlights
- Manley’s Tavern is approx. 5,000 SF on 6+ acres of RCR‑C zoned land in Crescent Lake, Oregon
- Includes a double‑wide and a single‑wide manufactured home as part of the sale
- On‑site water from well with septic tank for wastewater
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.0k | $13.80 |
| − Vacancy | −$3.6k | −$0.72 |
| EGI | $65.4k | $13.08 |
| − OpEx | −$16.4k | −$3.27 |
| NOI | $49.1k | $9.81 |
5,000 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$700.8K
$613.2K – $817.7K
NOI $49,059 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$894.2K – $1.19M
NOI $71,539 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
FAQs
What type of property is this?
Bar & Pub - Well-known tavern with residential units on over 6 acres.
Where is this bar & pub located?
The property is located at 20005 58 Highway Crescent Lake, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Manley’s Tavern is approx. 5,000 SF on 6+ acres of RCR‑C zoned land in Crescent Lake, Oregon; Includes a double‑wide and a single‑wide manufactured home as part of the sale; On‑site water from well with septic tank for wastewater
