Tavern with On-Site Manufactured
For Sale
$1,400,000
20005 58 Highway, Crescent Lake, OR 97733
COMMERCIAL - Crescent Lake, OR
Property Size5,000 SF
Lot Size6.63 Acres
Price / SF$280
Days on Market109
Property Features for 20005 58 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RCR-C
Parking features
Parking Lot, RV, Driveway
Interior features
Ceiling Fan(s), Laminate Counters
Fireplace
1
Lot features
Adjoins Public Lands, Level, Wooded
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
Wood, Electric (Heating), 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
Changed: Aug 1
Last Checked: Aug 2 at 3:06PM
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 property includes Manley’s Tavern, an approximately 5,000 SF bar and gathering spot, built in 1978. The tavern features a mix of interior finishes and amenities, including ceiling fan(s), laminate counters, concrete and laminate flooring, a fireplace, and a combination of wood, electric (heating), ductless heating, and wood-fired-style heating options. Cooling is provided via ductless units, and the roof is composition.
The site sits on 6.63 acres of RCR-C zoned land and includes parking infrastructure designed for varied stays, with a parking lot, driveway access, and RV parking. In addition to the tavern, the sale includes both a double-wide and a single-wide manufactured home, supporting rental income and/or on-site living.
Utilities serving the property include well water and septic tank sewer. Construction is frame, and the property is located at 20005 58 Highway in Crescent Lake, Oregon (Klamath County).
The site sits on 6.63 acres of RCR-C zoned land and includes parking infrastructure designed for varied stays, with a parking lot, driveway access, and RV parking. In addition to the tavern, the sale includes both a double-wide and a single-wide manufactured home, supporting rental income and/or on-site living.
Utilities serving the property include well water and septic tank sewer. Construction is frame, and the property is located at 20005 58 Highway in Crescent Lake, Oregon (Klamath County).
Key Highlights
- Approximately 5,000 SF Manley’s Tavern with a fireplace
- 6.63 acres of RCR‑C zoned land
- Double‑wide and single‑wide manufactured homes included
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
Apartment 5plus
$515.4K
$451.0K – $601.3K
NOI $36,076 @ 7.0% cap · market cap 2.58%
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 authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 97733, OR
893
Population
1,169
Households
0.8
Avg Household Size
56
Median Age
27%
College-Educated
74%
High-School Grad
378.5 sq mi
ZIP Area
2
Density / Sq Mi
$46,620
Median Household Income
$18,707
Median Earnings
$223,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Crescent Lake tavern on RCR-C zoned land with RV parking and two manufactured homes included.
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: Approximately 5,000 SF Manley’s Tavern with a fireplace; 6.63 acres of RCR‑C zoned land; Double‑wide and single‑wide manufactured homes included
