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$129,000
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Property Description
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!
Full Property Details
Full Property Details for 48207 Hwy 58
General
- Sold For: $129,000
- Taxes: $1,412 (2025)
- Status: Sold
- Type: Commercial Service
- Source: RWMLS
- MLS ID: 146079727
- Added to Site: 276 day(s) ago
Business
- Name: Happy Belly Burgers
Additional Information
- Equipment: Fixtures, Furniture, Security System
Parking
- Total Spaces: 10
- Parking Features: Off Street, On Site
Location
- County: Lane
- Driving Directions: Hwy 58 corner at Hills St.
Community
- Community Name: 234 - Lane Co: Pleasant Hill / Oakridge
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Cement Siding, Lap Siding, Wood Frame
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 1,344
- Current Bldg. Use: Restaurant
- Year Built: 1960
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
Financial Considerations
- Tax Amount: $1,412.29
- Tax Year: 2025
- Terms: Cash, Contract, Conventional, Lease Option
Disclosures and Reports
- Documents Avail.: Deeds, Tax Information, Traffic
- Property ID: 955441
Listed and Sold by Oakridge Real Estate (541) 782-4890, Sally Harmon (541) 790-1679
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Schools
Schools serving 48207 Hwy 58
School District:Oakridge School District 76
| Name | Grades | Distance |
|---|---|---|
Oakridge Elementary School 48119 East 1st Street, Oakridge, OR 97463 | K-6 | 0.5 mi |
Oakridge Junior High School 47997 West 1st Street, Oakridge, OR 97463 | 7-8 | 0.6 mi |
Oakridge High School 47997 West 1st Street, Oakridge, OR 97463 | 9-12 | 0.6 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 48207 Hwy 58
Date
Details
Price
Change
Source
7/06/2026
Sold
$129,000
—
MLS
6/03/2026
Price Reduced
$129,000
-13.42%
MLS
4/20/2026
Price Reduced
$149,000
-16.76%
MLS
3/16/2026
Price Reduced
$179,000
-10.05%
MLS
10/03/2025
Listed
$199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
48207 Highway 58, Oakridge, OR 97463 (MLS# 146079727) is a Commercial Service property that was sold at $129,000 on July 06, 2026. Want to learn more about 48207 Highway 58? Do you have questions about finding other Commercial Service real estate for sale in Oakridge? You can browse all Oakridge real estate or contact a Coldwell Banker agent to request more information.

