48005 Highway 58Oakridge, OR 97463

Property Details for 48005 Highway 58

Lot size

0.19 AC

Zone code

C3-HWY COMM DIST

Property type

Other commercial real estate

APN

21-35-16-32-01700-000

APU

2135163201700000

Description

This exceptional commercial property, located at 48005 HIGHWAY 58 in Oakridge, Oregon, presents a unique investment opportunity. The 1,500 square foot building sits on a 0.19-acre lot and is currently occupied by a thriving Thai restaurant, providing immediate cash flow potential for the new owner. The property benefits from a recently replaced rubber roof, ensuring long-term durability and minimizing maintenance costs. The building's location in the scenic mountain setting of Oakridge offers a desirable atmosphere for both the current tenant and future occupants. This presents a strong opportunity for investors seeking a stable, income-generating asset in a picturesque location. The property's size and existing tenant make it an attractive proposition for those looking for a turnkey investment with minimal initial effort required. The building's solid construction and recent roof replacement contribute to its overall value and longevity. The current tenant's success demonstrates the viability of the location and the potential for continued profitability. This is an excellent chance to acquire a well-maintained commercial property in a sought-after area, offering both immediate income and long-term growth potential. The combination of a stable tenant, a recently updated roof, and a desirable location makes this a compelling investment opportunity. Serious inquiries are encouraged to explore this promising commercial venture further.

• Alternative Use

  Use

  Valuation

  Residential

  $1,941,071

  Hospitality

  $1,778,011

  Educational

  $1,479,284

  Medical

  $1,530,159

  Retail

  $2,301,109

Location Insight

City

Oakridge

County

Lane

State

Oregon

Latitude

43.7454

Longitude

-122.469

CBSA code

21660

CBSA name

EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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