Historic Restaurant with
For Sale
$295,000
28585 Hwy 70, Bonanza, OR 97623
COMMERCIAL - Bonanza, OR
Property Size3,910 SF
Lot Size0.39 Acres
Price / SF$75.45
Days on Market1825
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
Tile, Concrete, Vinyl
Building materials
Concrete
Roof type
Asphalt
Listing Agency:
Crater Lake Realty,Inc.
(541) 783-2759
Listed By:
Dee Leininger · License #200606433
(541) 233-8344
Added: Aug 26, 2021
Changed: Aug 4
Last Checked: Aug 24 at 4:06PM
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.
This historic restaurant and bar offers a full-service dining layout built around a large dining room with a natural stone fireplace and sliding doors opening to the bar. The bar area includes a stage, along with a pool table and Oregon Lottery video poker and Keno. A modern kitchen sits between the restaurant and dining room, supporting seamless service flow during peak hours.
The property includes a privately fenced outdoor area with shaded space for dining, plus a horseshoe pit. The building is constructed of concrete, with a roof of asphalt and interior finishes such as laminate counters and vaulted ceilings. Heating is provided by oil, and cooling is available via wall/window units and window units. Water is supplied by a well, and sewer service is provided by public sewer. On-street parking is available.
Built in 1937, the Longhorn Saloon and Restaurant is located on Hwy 70 in Bonanza, and it is across from Big Springs Park.
The property includes a privately fenced outdoor area with shaded space for dining, plus a horseshoe pit. The building is constructed of concrete, with a roof of asphalt and interior finishes such as laminate counters and vaulted ceilings. Heating is provided by oil, and cooling is available via wall/window units and window units. Water is supplied by a well, and sewer service is provided by public sewer. On-street parking is available.
Built in 1937, the Longhorn Saloon and Restaurant is located on Hwy 70 in Bonanza, and it is across from Big Springs Park.
Key Highlights
- Large dining room with a natural stone fireplace and sliding doors to the bar
- Bar includes a stage plus pool table, Oregon Lottery video poker, and Keno
- Privately fenced, shaded outdoor dining area with a horseshoe pit
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Historic restaurant with a large dining room, natural stone fireplace, and a bar featuring a stage and entertainment options.
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: Large dining room with a natural stone fireplace and sliding doors to the bar; Bar includes a stage plus pool table, Oregon Lottery video poker, and Keno; Privately fenced, shaded outdoor dining area with a horseshoe pit
