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    OFF-MARKET
    Retail properties & Spaces

    48207 Or-58, Oakridge, OR 97463

    1,344 SF 0.22 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey restaurant opportunity is priced at $349,000. Located in Oakridge, Oregon, on a 0.22-acre corner lot at 48207 OR-58, this 1,344 square foot, Class B building boasts a prime Highway Commercial zoning. Built in 1960 and extensively renovated in 2022, the property includes a new metal roof and electrical system. The single-story building features ample onsite parking (10 spaces) and a billboard, offering additional signage or income potential. Currently operating as a 5-star, second-generation restaurant, the business includes all equipment and decor. The layout includes two ADA-compliant restrooms, a prep area, storage room, and a new 10-foot Type 1 hood. A small office could be converted to expand indoor seating. The property benefits from significant tourism and a strong local customer base, fueled by Oakridge's reputation as the "Mountain Biking Capital of the Northwest," proximity to world-class outdoor recreation, and the Willamette National Forest. While minimal business financials are available due to limited operating hours since its 2022 opening, this presents a unique chance to acquire an established business in a thriving location. No inventory is anticipated. Scheduled tours are available during off-business hours.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1960
    Total area 1,344 SF
    Lot 0.22 ac (9,583 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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