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$450,000
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Property Description
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.
Full Property Details
Full Property Details for 126 SE Locust St
General
- Sold For: $450,000
- Taxes: $1,614 (2025)
- Status: Sold
- Type: Commercial Service
- Source: RWMLS
- MLS ID: 441991442
- Added to Site: 70 day(s) ago
Additional Information
- Equipment: Furniture
Parking
- Parking Features: On Street
Location
- County: Douglas
- Driving Directions: Oakland, to Locust
Community
- Community Name: 256 - Douglas Co: Sutherlin/north of Roseburg
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Brick
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 2,622
- Current Bldg. Use: Restaurant
- Year Built: 1893
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size: 0K to 2, 999 SqFt
- Frontage: Paved
Financial Considerations
- Tax Amount: $1,614.55
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: R32355
Listed and Sold by Oregon Life Homes (541) 391-4945, Shane Mast (541) 517-1749
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Schools
Schools serving 126 SE Locust St
School District:Oakland School District 1
| Name | Grades | Distance |
|---|---|---|
Oakland Elementary School 499 Northeast Spruce Street, Oakland, OR 97462 | K-4 | 0.5 mi |
Lincoln Middle School, Oakland, OR 931 Old Town Loop Road, Oakland, OR 97462 | 5-8 | 0.6 mi |
Oakland High School 521 Northeast Spruce Street, Oakland, OR 97462 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 SE Locust St
Date
Details
Price
Change
Source
4/01/2026
Sold
$450,000
—
MLS
1/24/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
126 SE Locust St, Oakland, OR 97462 (MLS# 441991442) is a Commercial Service property that was sold at $450,000 on April 01, 2026. Want to learn more about 126 SE Locust St? Do you have questions about finding other Commercial Service real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

