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Auto Shop with Office on Highway

48097 Highway 58 Oakridge, OR 97463

Claim this Listing
For Sale
$220,000

Former auto body shop with combined shop and office space and highway access for commercial and service users.

Property size:
1,311 SF
Lot size:
0.23 Acres
Price / SF:
$167/SF
Added:
May 30, 2026
Days on Market:
44
Last Refresh:
Jul 8 at 2:28 am

Property Features for 48097 Highway 58

General Information

Standard status
Active
Size
1,311 SF
Lot size
0.23 Acres

Listing office Oregon Life Homes

Listing date May 30, 2026

Source Exprealty

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 Oregon Life Homes


Investment Insights

Based on property information with market context.

This property is a former auto body shop offering a combined layout of shop and office space within a single building. The improvements already in place provide a practical foundation for service-oriented businesses seeking both working space and an administrative area. The site is approximately 0.23 acres.

Located on busy Highway 58 in Oakridge, the property benefits from highway frontage that supports visibility and straightforward customer access. The surrounding area includes nearby outdoor recreation destinations, including mountain biking trails.

The building and site configuration make this property worth considering for an owner-user or investor seeking an automotive or related service facility with on-site office space. Because the property’s future use depends on approval, the buyer is required to verify all permitted uses with the City of Oakridge. Adjacent commercial property is also available for purchase, which may support expanded operations if additional space is needed.

Key Highlights

  • Commercial property on busy Highway 58 in Oakridge, formerly an auto body shop
  • Approximately 1,311 SF building with both shop and office space
  • Approximately 0.23 acres with Highway frontage and easy access

Local Financial Insights For Office B

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 $29.1k $22.20
− Vacancy −$4.9k −$3.73
EGI $24.2k $18.47
− OpEx −$6.1k −$4.62
NOI $18.2k $13.85
1,311 SF · lease $22.20/SF/yr · vacancy 16.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$259.4K
$227.0K – $302.7K (±1% cap)
NOI $18,161 @ 7.0% cap · market cap 8.25%
Second Best
Retail
$240.1K
$210.1K – $280.1K (±1% cap)
NOI $16,808 @ 7.0% cap · market cap 7.64%
Theoretical Best
Office A
$331.7K
$290.2K – $387.0K (±1% cap)
NOI $23,217 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Auto Parts Store Hair Salon HVAC Service Pharmacy Nail Salon Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Dowell Towing & Recovery — 48217 OR-58, Oakridge, OR 97463
  • Skooliana — 47899 OR-58, Oakridge, OR 97463
  • Deano's performance and repair — 47991 OR-58, Oakridge, OR 97463

FAQs

What type of property is this?
Auto shop - Former auto body shop with combined shop and office space and highway access for commercial and service users.
Where is this auto shop located?
The property is located at 48097 Highway 58 Oakridge, OR.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Commercial property on busy Highway 58 in Oakridge, formerly an auto body shop; Approximately 1,311 SF building with both shop and office space; Approximately 0.23 acres with Highway frontage and easy access
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More about this property
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