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Restaurant Building with Bar
For Sale
$295,000

28585 Hwy 70, Bonanza, OR 97623

Commercial Sale, Bonanza, OR

Property Size3,910 SF
Lot Size0.39 Acres
Price / SF$75.45
Days on Market1836

Property Features for 28585 Hwy 70

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Parking features On Street
Interior features Laminate Counters, Vaulted Ceiling(s)
Basement Partial
View Territorial
Directions From HWY 140E at Dairy, turn right and travel into Bonanza, property is on left side of road in the middle of Bonanza.
Standard status Active
APN 606525
Size 3,910 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2020
Tax Annual Amount 2692

Utilities

Sewer type Public Sewer
Heating system Oil
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Well

Amenities

natural stone fireplace
stage
pool table
Oregon Lottery Video Poker and Keno
horseshoe pit

Building Details

Year built 1937
Floors in Building 1
Number of units 1
Flooring type Concrete, Tile, Vinyl
Building materials Concrete
Roof type Asphalt
Listing Agency: Crater Lake Realty,Inc.
Listed By: Dee Leininger · License #200606433
Added: Aug 26, 2021 Changed: Aug 30 Last Checked: Sep 4 at 5:06AM
MLS# 220130477

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.

Built in 1937, this 3,910-square-foot restaurant property occupies 0.39 acres and includes a dining room, bar area, stage, pool table, and commercial kitchen. A natural stone fireplace, vaulted ceiling, laminate counters, and concrete, tile, and vinyl flooring add varied interior character. The building is constructed with concrete and has oil heat, wall/window cooling units, an asphalt roof, well water, and public sewer.

The rear portion of the property is privately fenced and shaded, with outdoor dining tables and a horseshoe pit. The property is located at 28585 Hwy 70 in Bonanza, across from Big Springs Park, with on-street parking available.

Key Highlights

  • 3,910‑square‑foot restaurant on 0.39 acres
  • Dining room, bar, stage, pool table, and commercial kitchen
  • Natural stone fireplace and vaulted ceiling(s)

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

53
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97623, OR

2,372
Population
1,478
Households
1.6
Avg Household Size
49
Median Age
25%
College-Educated
93%
High-School Grad
356.5 sq mi
ZIP Area
7
Density / Sq Mi
$76,522
Median Household Income
$40,653
Median Earnings
$879
Median Rent
$280,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with dining room, bar, commercial kitchen, outdoor seating, and a fenced rear area.
Where is this conventional restaurant located?
The property is located at 28585 Hwy 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: 3,910‑square‑foot restaurant on 0.39 acres; Dining room, bar, stage, pool table, and commercial kitchen; Natural stone fireplace and vaulted ceiling(s)
More about this property
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