48197 Highway 58
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48197 Highway 58
3,416 SF 100% Leased Industrial Building Oakridge, OR 97463 $500,000 ($146/SF)
Investment Highlights
- Highway Frontage
- Huge Lot
Executive Summary
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!
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48197 Highway 58
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