48207 HIGHWAY 58, Oakridge, OR 97463 | MLS #146079727 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Oakridge Real Estate- MLS# 146079727MLS Provider

48207 HIGHWAY 58Oakridge, OR 97463

Commercial · 1,344 Sq. ft. | 0.23 Acres
$129,000 Pending

48207 HIGHWAY 58 Overview

Time on Site:
269 days
Visits:
56

Investor/Entrepreneur's Dream at a reduced price! The perfect TURNKEY restaurant opportunity awaits & at a newly reduced price! Location, Location, Location - Check! Building & restaurant equipment/furnishings in GREAT condition AND with 100' of Highway 58 frontage with ample parking & roadside set up on corner lot at east entry of Oakridge, a township known for its surrounding beauty & outdoor recreational tourism delights. 1,344 SF of space featuring sit down/take out diner, all equipment, utensils, furniture, signage (including billboard) & goodwill from retired owner of second generation business.'Nifty 50's' theme features bench seating for 12-18 w/south facing atrium views of the Cascade Range, optional serving bar counter to watch the cook do magic, & large party room for group/private extra seating, or can be office/sub-rental. 2 new ADA bathrooms, storage/mechanical room w/2-panels, & large food prep & storage room w/extra cold storage, stainless food prep tables w/storage under, stove/range & loading/delivery door separate from restaurant business. Open grills, fryers, hand wash & 3-bay dish station, massive commercial hoods & order counter, cook 'n serve in the ready w/ample cold storage for drinks, condiments, food, etc. Decorative colors & wall hangings to delight patrons. 10+ vehicle off-street parking, signage board, outdoor seating & ample space for outdoor pop up's with prime highway visibility. Has operated as a '5-star gourmet burger joint, but other cuisine options & uses are endless. Take advantage of the tourist traffic surrounding this Mountain Biking Capitol of the NW, its ideal east location near Greenwaters Park, Arbor Inn Motel & RV Park, & Salmon Creek Trails. Quite literally located at the 'Gateway to Outdoor Recreation'. Don't miss this opportunity! Seller open to owner carry contract - call for details!

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48207 HIGHWAY 58 Facts & Features

  • Type Commercial
  • Sq. ft. 1,344
  • Price/Sq.ft. $96
  • Lot 0.23 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1960
  • Year Established: 2021

Business Information

  • Business Name: Happy Belly Burgers
  • Current Use: Restaurant

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 234 - Lane Co: Pleasant Hill / Oakridge

Tax Information

  • Tax Annual Amount: 1412.29
  • Tax Year: 2025

General Information

  • Inclusions: Building,Equipment,InventoryIncluded
  • Listing Terms: Cash,Contract,Conventional,Lease Option
  • Parcel Number: 0955441
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C-3

Interior

Building Interior

  • Building Area Total: 1344.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Other Equipment: Fixtures,Furniture,Security System
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Off Street,On Site
  • Parking Total: 10.0

Lot Information

  • Lot Size Acres: 0.23
  • Lot Size Area: 9940
  • Lot Size Square Feet: 10018.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Cement Siding,Lap Siding,Wood Frame
  • Roof: Metal

General Information

  • Road Frontage Type: 100
  • Sewer: Public Sewer

48207 HIGHWAY 58 Neighborhood

Community

97463 (Oakridge) Demographics

53
Median Age
89
Population Density (per sq. mile)
21%
College Educated
$32,583
Estimated Median Income
1,008
Estimated Total Home Owners
650
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

48207 HIGHWAY 58 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

48207 HIGHWAY 58 Market Data

Based on the last 30 days in this zip code

$397,408
Average List Price
$293
Average Price per Square Foot
6
Properties Sold
130
Average Days on Market
35
Properties for Sale
Calculations provided by Reliance Network

48207 HIGHWAY 58 History

Date Event Value Agent
6/21/2026Source: Regional MLS Status Change
Pending
6/3/2026Source: Regional MLS Price Reduction
$129,000 -13.4%
4/20/2026Source: Regional MLS Price Reduction
$149,000 -16.8%
3/16/2026Source: Regional MLS Price Reduction
$179,000 -10.1%
10/3/2025Source: Regional MLS Added to Database
October 03, 2025