126 SE LOCUST ST Oakland, OR $ 450,000
126 SE LOCUST ST
$ 450,000
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126 SE LOCUST ST

Oakland, OR, 97462
$ 450,000
Bedrooms-- Baths-- Sq 2,622

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Oakland, OR

for $450,000. This 2,622 square foot building was built in 1893 on a lot size of 0.04.

A rare opportunity to purchase The Lamplighter Cafe and Lounge, a well known and highly popular restaurant and bar located in the heart of historic Oakland, Oregon. This establishment is a local favorite and widely recognized as one of the most popular dining and nightlife destinations in Douglas County. The property includes approximately 1,900 sq ft of bar and restaurant space, plus an additional 722 sq ft of storage. The sale includes all furniture, fixtures, and equipment, including tables, chairs, and a fully equipped commercial kitchen, allowing for a seamless transition for a new owner. With a strong local following, prime location, and a turnkey setup, this is an excellent opportunity for an owner-operator or investor looking to step into a running business with immediate income potential.

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 1,614

Style

Commercial

Lot Size

0.04

Year Built

1893

Town/City

Oakland

County/Region

Douglas

MLS | Web ID

441991442

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Flat
Zoning C1
Construction Materials Brick
Year Built 1893
Sale Includes Building BusinessName Equipment
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Restaurant
Parcel Number R32355
Gross Income 0
County Douglas
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Oakland to Locust
City Oakland
MLS Area _256
Lot Size Square Feet 1742.0
Listing Terms Cash Conventional
Tax Annual Amount 1614.55
Property Condition Existing
Virtual Tour https://youtu.be/TAgwneNUauE
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description OAKLAND R R ADD BLOCK 15 LOT PT 3 & PT 4 ACRES 0.04
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Exterior
Parking Features OnStreet
Water Source PublicWater
Number of Buildings 1
Building Area Total 2622.0
Lot Size Acres 0.04
Road Surface Type Paved
Other Equipment Furniture
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Internal Only
Street Number 1 126
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* Excluded Features
List By
Oregon Life Homes

Broker

541-517-1749

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Affordability Calculator

$2,905
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$135
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.
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Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/24/2026$450,000 Listed Price

Map


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126 SE LOCUST ST, Oakland, OR, 97462 is a Commercial Property for sale at $450,000 with 2,622 sqft and a lot size of 0.04. 126 SE LOCUST ST was built in 1893. The property's zip code is 97462 which is in Oakland, OR