48207 Or-58Oakridge, OR 97463

For Sale
$349,000
Established Eatery, Mountain Town Location

Overview

Added:
Dec 11, 2024
Days on market:
125
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.

Highlights

  • $349,000 asking price for a 1,344 SF restaurant.
  • Turnkey restaurant business for sale, established in 2022.
  • Freshly remodeled building (2022) with a new metal roof and electrical.
  • High-visibility corner lot on Highway 58 with a billboard for additional signage or income.
  • Ample parking (10 spaces) and high traffic counts, benefiting from significant tourism.

Property Details for 48207 Or-58

Property type
Retail properties, Restaurants
Square Feet
1,344 SF
Class
B
Year Built/Renovated
1960/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
9,583 SF
Units
1

Location Insight

City
Oakridge
County
Lane
State
Oregon
Latitude
43.741861040223
Longitude
-122.46067862862
48207 Or-58, Oakridge, Oregon

FAQs

What type of property is this?
Retail property - Established Eatery, Mountain Town Location
Where is the retail property located?
The property is located at 48207 Or-58 Oakridge, OR.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: $349,000 asking price for a 1,344 SF restaurant.; Turnkey restaurant business for sale, established in 2022.; Freshly remodeled building (2022) with a new metal roof and electrical.
How can I contact the broker?
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48207 Or-58
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