48207 HIGHWAY 58
Oakridge, OR, 97463 $ 199,000
Bedrooms-- Baths-- Sq 1,344 Monthly Estimate*
$ 1,242
for $199,000. This 1,344 square foot building was built in 1960 on a lot size of 0.23.
Absolutely perfect restaurant opportunities await! Turnkey operation in GREAT condition AND location with 100' of highway frontage on corner lot at east entry of Oakridge city limits, a township known for its surrounding beauty and surrounding outdoor recreational delights. 1,344 SF of 'ready to serve' diner featuring all equipment, utensils, furniture, signage (including billboard) and goodwill from retiring owner of second generation business. Located on the corner of Hwy. 58 and Hills St. (east entry to Uptown). 'Nifty 50's' theme features bench seating for 12-18 with south facing atrium views of the Cascade Range, optional serving bar counter to watch the cook do magic, and large party room for group/private & extra seating, or can be office/sub-rental. 2 x 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, and delivery door separate from restaurant business. Open grills, fryers, wash and 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 and wall hangings to delight the locals and traveler alike. 10+ vehicle off-street parking w/ample space for signage, outdoor seating, and with great highway visibility for passers by. Has operated as a 5 star gourmet burger joint, but other cuisine options and uses are endless. Take advantage of the tourist traffic surrounding this Mountain Biking Capitol of the NW, and its ideal east location near Greenwaters Park, Arbor Inn Motel & RV Park, and Salmon Creek & Trail. Quite literally located at the 'Gateway to Outdoor Recreation'.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Metal
Zoning C-3
Construction Materials CementSiding LapSiding WoodFrame
Year Built 1960
Sale Includes Building Equipment InventoryIncluded
Stories Count 1
Property Subtype Commercial
Tax Year 2024
Current Use Restaurant
Parcel Number 0955441
Gross Income 0
Business Name Happy Belly Burgers
County Lane
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Hwy 58 corner at Hills St.
City Oakridge
MLS Area _234
Lot Size Square Feet 10018.0
Listing Terms Cash Contract Conventional LeaseOption
Tax Annual Amount 1374.73
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 21-35-16-34-00801
Year Established 2021
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ExteriorRoad Frontage 100
Parking Features OffStreet OnSite
Water Source PublicWater
Total Parking 10.0
Number of Buildings 1
Building Area Total 1344.0
Lot Size Acres 0.23
Road Surface Type Paved
Other Equipment Fixtures Furniture SecuritySystem
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* Excluded FeaturesList ByOakridge Real EstateBroker
sally.harmon@att.netEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,242
- Monthly Property Taxes
- $115
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Oakridge, OR
Average List Price $297,167
Percent of Sale Price 49%
About Oakridge, OR 3,455 Population
10% Since 2002
$ 33,244 Median Income
48.9 Median Age
12% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/4/2025 | $199,000 | | Listed Price |