48207 Highway 58Oakridge, OR 97463

  • Other commercial real estate
For Sale
$349,000 View listing

Property Details for 48207 Highway 58

Property type
Other commercial real estate
APN
21-35-16-34-00801-901
APU
2135163400801901

Description

This exceptional turnkey restaurant opportunity is located at 48207 Highway 58 in Oakridge, Oregon. The 1,344 square foot building sits on a 0.23-acre lot offering excellent visibility and high traffic counts on Highway 58. Recently remodeled, the property boasts a new metal roof and updated electrical systems. The building includes two ADA-compliant restrooms, a prep area, ample storage, and a new Type 1 hood system. All existing restaurant equipment and dГ©cor are included in the sale price of $349,000. A small office space presents potential for expansion of indoor seating. The property also features a billboard, providing additional signage opportunities or potential rental income. Currently operating as a successful burger joint, this location offers the flexibility to continue the existing business or adapt to a new concept. The strong local customer base is further enhanced by significant tourism driven by Oakridge's reputation as the "Mountain Biking Capital of the Northwest," its proximity to world-class mountain biking trails, hiking, water sports, fishing, festivals, and the Willamette Pass ski resort. The property's location less than an hour from Eugene-Springfield and the I-5 corridor provides easy access to a larger regional market. Ample on-site parking is available.

48207 Highway 58, Oakridge, Oregon
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Location Insight

City
Oakridge
County
Lane
State
Oregon
Latitude
43.7421
Longitude
-122.461
CBSA code
21660
CBSA name
EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17
-
-
$1,035
-
-
$1,480
$1,480

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