48207 HIGHWAY 58
Oakridge, OR, 97463 $ 149,000
Bedrooms-- Baths-- Sq 1,344 Monthly Estimate*
$ 917
for $149,000. This 1,344 square foot building was built in 1960 on a lot size of 0.23.
Investor/Entrepreneur's Dream at a fantastic 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!
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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 2025
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 1412.29
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
- $917
- Monthly Property Taxes
- $118
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $273,833
Percent of Sale Price 84%
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 |
|---|
| 4/20/2026 | $149,000 | -16.76% | Price Down |
| 3/16/2026 | $179,000 | -10.05% | Price Down |
| 10/4/2025 | $199,000 | | Listed Price |