Mixed-Use Property With
47597 Hwy 58, Oakridge, OR 97463
For Sale
$460,000
Commercial space and a separate residence share a fenced site with dedicated parking and additional storage structures.
Property Size1,920 SF
Price / SF$150.23
Days on Market104
Property Features for 47597 Hwy 58
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Amenities
large picture windows
high ceilings
shelving
office
storage/break room
bathroom
shop with loading doors
Building Details
Year Built
Building Size
Listing Agency:
Hybrid Real Estate
Listed By:
Heather Tipler
(541) 844-8425
Source:
Portlandoregonhomelistings
Added: Jul 30
Changed: Nov 1
Last Checked: Nov 8 at 7:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hybrid Real Estate
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Investment Insights
Based on property information with market context.
This mixed-use property combines a commercial building with a separate residence on a fenced site at 47597 Hwy 58 in Oakridge, Oregon. The commercial building contains 1,920 square feet, including 660 square feet of customer-facing store area with picture windows, high ceilings, shelving, an office, storage or break room, bathroom, and a 22-by-30-foot shop with 7-foot loading doors.
The residence provides 1,142 square feet with two bedrooms, two bathrooms, a primary suite, utility room, updated windows, new flooring, a newer heat pump, wood-burning stove, and a storage-oriented kitchen. A detached oversized garage has high double doors and pull-through access to a covered shop. The property occupies almost half an acre, with separation between the home and commercial building and parking for customers and equipment. Built in 1950.
The residence provides 1,142 square feet with two bedrooms, two bathrooms, a primary suite, utility room, updated windows, new flooring, a newer heat pump, wood-burning stove, and a storage-oriented kitchen. A detached oversized garage has high double doors and pull-through access to a covered shop. The property occupies almost half an acre, with separation between the home and commercial building and parking for customers and equipment. Built in 1950.
Key Highlights
- 1,920‑square‑foot commercial building with 660 square feet of store frontage
- 22x30 shop with 7 foot loading doors
- 1,142‑square‑foot residence with 2 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,256
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,120
$785.1K
Cap Rate 7%
$560,800
$560.8K
Cap Rate 9%
$436,178
$436.2K
Market Conditions
NOI Build-Up for 3,062 SF
Gross rent
$60.6K $19.80/SF
− Vacancy
−$4.5K −$1.49/SF
EGI
$56.1K $18.32/SF
− OpEx
−$16.8K −$5.49/SF
NOI
$39.3K $12.82/SF
Area
Lane County, OR
Vacancy
7.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,120
Cap Rate 7%
$560,800
Cap Rate 9%
$436,178
Alternative Uses
Best Use
Retail
$560.8K
$490.7K – $654.3K
NOI $39,256 @ 7.0% cap · market cap 8.53%
Second Best
Mixed Use
$442.9K
$387.5K – $516.7K
NOI $31,003 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$774.6K
$677.8K – $903.8K
NOI $54,225 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Dining 4%
Chevron
Shops & Services
8,246 visits/mo
0.4 miles
Mobil
Shops & Services
7,405 visits/mo
0.1 miles
Dollar General
Shops & Services
4,549 visits/mo
0.1 miles
76
Shops & Services
2,137 visits/mo
0.2 miles
Mazatlan Mexican Restaurant
Dining
1,050 visits/mo
0.3 miles
Demographics for 97463, OR
3,886
Population
1,775
Households
2.2
Avg Household Size
50
Median Age
18%
College-Educated
84%
High-School Grad
48.7 sq mi
ZIP Area
80
Density / Sq Mi
$36,885
Median Household Income
$19,934
Median Earnings
$918
Median Rent
$241,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space and a separate residence share a fenced site with dedicated parking and additional storage structures.
Where is this mixed-use property located?
The property is located at 47597 Hwy 58 Oakridge, OR.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1,920‑square‑foot commercial building with 660 square feet of store frontage; 22x30 shop with 7 foot loading doors; 1,142‑square‑foot residence with 2 bedrooms and 2 bathrooms
