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20005 58 Highway, Crescent Lake, OR, 97733
Tavern with Manufactured Homes

20005 58 Highway Crescent Lake, OR 97733

For Sale
$1,400,000

COMMERCIAL - Crescent Lake, OR

Property Size5,000 SF
Lot Size6.63 Acres
Price / SF$280
Days on Market106

Property Features for 20005 58 Highway

General Information

Property type Commercial Sale
Property subtype Other
Parking features Driveway, RV, Parking Lot
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), Ductless (Heating), Wood, Fireplace(s)
Cooling system Ductless
Water source Private, Well

Building Details

Year built 1978
Floors in Building 2
Number of units 3
Flooring type Laminate, Concrete
Building materials Frame
Roof type Composition
Listing Agency: Crescent Lake Realty LLC
Listed By: Donna Werner · License #780203954
Added: Apr 16 Changed: Jul 25 Last Checked: Jul 30 at 6:06AM
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.

Manley’s Tavern is an approximately 5,000 square foot establishment offered for sale in Crescent Lake, Oregon. The property also includes both a double-wide and a single-wide manufactured home, providing options for rental income or on-site living alongside the tavern.

The site totals 6.63 acres and is described as RCR-C zoned land. The listing notes owner terms are available.

Located at 20005 58 Highway, this offering combines a bar/tavern operation with residential flexibility under the same ownership.

Key Highlights

  • Manley’s Tavern is approximately 5,000 SF and includes a fireplace; built in 1978.
  • Located on 6+ acres of RCR‑C zoned land with both commercial potential and residential flexibility.
  • Property includes both a double‑wide and a single‑wide manufactured home for rental income or on‑site living.

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 (±1% cap)
NOI $49,059 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$515.4K
$451.0K – $601.3K (±1% cap)
NOI $36,076 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.02M
$894.2K – $1.19M (±1% cap)
NOI $71,539 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Bars & Pubs

Frequently Asked Questions

What type of property is this?
Bar & Pub - Approximately 5,000 sq. ft. tavern on 6.63 acres, including double-wide and single-wide manufactured homes for rental income.
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 approximately 5,000 SF and includes a fireplace; built in 1978.; Located on 6+ acres of RCR‑C zoned land with both commercial potential and residential flexibility.; Property includes both a double‑wide and a single‑wide manufactured home for rental income or on‑site living.
More about this property
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