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    48005 Highway 58 Oakridge, OR 97463

    Sponsored
    For Sale
    $385,000

    Mountain Setting Thai Restaurant, High Return

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 48005 HIGHWAY 58 in Oakridge, Oregon, presents a unique investment opportunity. The 1,500 square foot building sits on a 0.19-acre lot and is currently occupied by a thriving Thai restaurant, providing immediate cash flow potential for the new owner. The property benefits from a recently replaced rubber roof, ensuring long-term durability and minimizing maintenance costs. The building's location in the scenic mountain setting of Oakridge offers a desirable atmosphere for both the current tenant and future occupants. This presents a strong opportunity for investors seeking a stable, income-generating asset in a picturesque location. The property's size and existing tenant make it an attractive proposition for those looking for a turnkey investment with minimal initial effort required. The building's solid construction and recent roof replacement contribute to its overall value and longevity. The current tenant's success demonstrates the viability of the location and the potential for continued profitability. This is an excellent chance to acquire a well-maintained commercial property in a sought-after area, offering both immediate income and long-term growth potential. The combination of a stable tenant, a recently updated roof, and a desirable location makes this a compelling investment opportunity. Serious inquiries are encouraged to explore this promising commercial venture further.

    Property Features for 48005 Highway 58

    General Information

    Property type
    Residential income properties
    Square Feet
    1,500 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakridge
    County
    Lane
    State
    Oregon
    Longitude
    -122.469
    Latitude
    43.74545

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    FAQs

    What type of property is this?
    Residential income property - Mountain Setting Thai Restaurant, High Return
    Where is this residential income property located?
    The property is located at 48005 Highway 58 Oakridge, OR.
    What is the asking price?
    The asking price for this property is $385,000.
    (541) 525-9060
    Request Owner's contact information
    48005 Highway 58 Oakridge, OR 97463
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    Oakridge, OR 97463
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

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

    Relative

    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
    48005 Highway 58 Oakridge, OR 97463
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