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    28585 Highway 70 Bonanza, OR 97623

    For Sale
    $295,000

    F - Bonanza, OR

    Lot size:
    0.39 Acres
    Days on Market:
    320
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 28585 Highway 70

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    APN
    606525
    Parking
    8
    Parking features
    On Street
    Interior features
    Laminate Counters, Vaulted Ceiling(s)
    Lot size
    0.39 Acres

    Utilities

    Heating system
    Oil
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1937
    Floors in Building
    1
    Flooring type
    Concrete, Tile, Vinyl
    Building materials
    Concrete
    Roof type
    Asphalt
    Architectural style
    Other

    Fisher Nicholson Realty, LLC (541) 884-1717 [email protected]

    Listing agent Dee Leininger (541) 884-1717 License #200606433

    Listing date Jan 29, 2025

    MLS# 220130477 Listing URL

    Copyright © 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.

    Overview

    Historical Bonanza Restaurant and Saloon

    This property presents an opportunity to own the historical Longhorn Saloon and Restaurant, a commercial landmark established in 1937 on the main street of Bonanza, Oregon. The property includes a restaurant and a large dining room featuring a natural stone fireplace and sliding doors that open to a spacious bar. The bar area includes a stage, pool table, and Oregon Lottery Video Poker and Keno. A full, modern kitchen is situated between the restaurant and dining room. The property also features a privately fenced and shaded area with a horseshoe pit and tables for outdoor dining. The Longhorn has been known as a local gathering spot and is located across from Big Springs Park. The lot size is 0.39 acres.
    Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Bonanza
    County
    Klamath
    State
    Oregon
    Longitude
    -121.402042
    Latitude
    42.199226

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    FAQs

    What type of property is this?
    Bar - Historical restaurant and saloon with outdoor dining and entertainment area.
    Where is this bar located?
    The property is located at 28585 Highway 70 Bonanza, OR.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Historical Landmark: The Longhorn Saloon and Restaurant is a well-known commercial landmark established in 1937.; - Established Restaurant with Reputation: Includes a restaurant with a full modern kitchen and an excellent reputation for good food.; - Spacious Bar and Entertainment: Features a large bar with a stage, pool table, Oregon Lottery Video Poker, and Keno.
    (541) 884-1717
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    28585 Highway 70 Bonanza, OR 97623
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    Bonanza, OR 97623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28585 Highway 70 Bonanza, OR 97623
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