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$500,000
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Property Description
Nestled in the foothills of the Cascades this commercial property is calling your name! Located less than an hour outside Eugene-Springfield & a short 30 min drive to the Willamette Pass Ski Resort. This property sits on Highway 58 frontage exposing your potential business to lots of daily traffic. Ample onsite parking. Previously, this was a well-known motel before being converted for current use. This used to be a 10/11-unit motel with attached managers quarters 12 bedrooms & 12 Bathrooms, 3 full baths, 9 (3/4 baths), & 2 RV hook ups. Most of the toilets have been removed, so those will need to be installed for the bathrooms to become operational again. All of the original rooms are still there, ready to be converted back into a motel or come re-envision the space! Buyer to do all due diligence as to what is still usable and existing. Being SOLD AS IS. Easily could be turned back into a motel, or another business adventure. All of the motel doors and log siding is behind a "faux" wall, with a hallway separating it. Updates were made to the electrical, offering 1100 amps of electricity. Newer heating and air conditioning systems. Prime location, close proximity to the river, parks, and other businesses within the area. Greenwaters park is a hosting ground for multiple community events including but not limited to Mountain Bike Oregon, a bus fair, concerts in the park, etc. creating additional traffic for maximum business potential. This would be a great location for your next business and investment! Bring your creativity and embark on your next commercial business adventure! Schedule a showing with your agent, this amazing commercial property will not last long!
Full Property Details
Full Property Details for 48197 Hwy 58
General
- Price: $500,000
- Taxes: $7,180 (2024)
- Status: Active
- Type: Commercial Service
- Source: RWMLS
- MLS ID: 24055213
- Updated: 12/19/2024
- Added to Site: 13 day(s) ago
Additional Information
- Equipment: Security System, Smoke Detector
Parking
- Total Spaces: 7
- Parking Features: On Site, Paved
Location
- County: Lane
- Driving Directions: HWY 58, Heading East, left hand turn in driveway after the Nazarene Church (white building)
Community
- Community Name: 234 - Lane Co: Pleasant Hill / Oakridge
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Air Conditioning Ready, Central Air
- Heating Type: Forced Air, Other
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 2
- Property Detached: Yes
- Construction: Log, Other, Wood Frame
- Roof: Metal, Shingle
- Ceiling Height: 8
- Stories/Levels: 1
- Square Feet: 3,416
- Current Bldg. Use: Hotel/Motel, Industrial, Other
- Year Built: 1975
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,620
- Lot Size: 20, 000 SqFt to .99 Acres
- Lot Dimensions: 0.68 AC
- Frontage: Gravel, Paved
Financial Considerations
- Tax Amount: $7,180.18
- Tax Year: 2024
- Terms: Cash, Contract, Other
Disclosures and Reports
- Documents Avail.: Aerial Photo, Other
- Legal Description: Legal: Map Lot: 2135163401000, TRS: T21 R35 S16 Q34, Lot: TL 01000 Twn/Rng/Sec: T:21S R:03E S:16 Q:SW QQ
- Property ID: 955474
Listed by United Real Estate Properties (541) 525-9060, Carolyn Dodge (541) 214-5156
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Schools
Schools serving 48197 Hwy 58
School District:Oakridge School District 76
Rating | Name | Grades | Distance |
---|---|---|---|
48119 E 1st St, Oakridge, OR 97463 | K-6 | 0.4 mi | |
47997 W 1st St, Oakridge, OR 97463 | 7-8 | 0.5 mi | |
47997 W 1st St, Oakridge, OR 97463 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
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School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48197 Hwy 58
Date
Details
Price
Change
Source
12/16/2024
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48197 Hwy 58
48197 Highway 58, Oakridge, OR 97463 (MLS# 24055213) is a Commercial Service property. 48197 Highway 58 is currently listed for $500,000 and was received on December 16, 2024. Want to learn more about 48197 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.