48207 Or-58 Hwy - Restaurant FOR SALE


Oakridge, OR 97463
$349,000 USD
503-999-9046
48207 Or-58 Hwy, Oakridge, OR for Sale
$349,000 USD
Restaurant - FOR SALE
1/13
null | Request Cap Rate

48207 Or-58 Hwy
Oakridge, OR 97463


HIGHLIGHTS

  • 2nd generation restaurant
  • Freshly remodeled building
  • Corner lot on Highway with visibility
  • Billboard for more signage or additional income
  • Ample onsite parking and strong traffic count
  • Significant tourism adds to already strong local customer base

OVERVIEW

5-star 2nd generation restaurant located less than an hour from the Eugene-Springfield and the I-5 corridor. Freshly remodeled building with upgrades including new metal roof and electrical. Generous sized lot on Highway 58 with great visibility. Comes with billboard for more signage or additional income. Currently operating as Happy Belly Burgers so you can continue with a turn-key burger joint or pivot as preferred. Small office could be turned into expanded indoor seating. Two ADA restrooms, prep and storage room, new 10’ type 1 hood. Equipment and decor included. Ample onsite parking and strong traffic count. Significant tourism adds to already steady local customer base. Oakridge offers world-class mountain biking trails, hiking, water sports, fishing, festivals, and winter sports (nearby Willamette Pass ski resort). This area is known as the “Mountain Biking Capital of the Northwest” and the perfect basecamp for exploring the Willamette National Forest. Tours to be scheduled during off-business hours. Minimal business financials available with current business in operation since 2022 on limited hours. No inventory anticipated. Call Listing Agent for showing & more information.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,764 SF

ZONING

C3

APN/PARCEL ID

0955441

ASK ABOUT THIS PROPERTY

Greg GoodenoughPremiere Property Group, LLCMore Info
503-999-9046

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Greg GoodenoughPremiere Property Group, LLCMore Info
503-999-9046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.