48019 HIGHWAY 58

Oakridge, 97463

  • 4 Bed

  • 3 Bath

  • 6084 SqFt

  • 42 DOM

  • Built: 1952

  • Status: Active

$479,000

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48019 HIGHWAY 58

Oakridge 97463

$479000

  • 4 Bed

  • 3 Bath

  • 6084 SqFt

  • 42 DOM

  • Built: 1952

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Prime Mixed-Use Investment Opportunity with Stunning River ViewsThis exceptional mixed-use property offers incredible versatility and income potential with two ground-level retail spaces and three furnished residential apartments above. Perfectly positioned across the street from the beautiful Willamette River, this property combines charm, function, and location.Retail Spaces (Ground Floor): Each retail space has its own private entrance. One suite is a blank canvas, ready for your vision—ideal for retail, office, or studio use. The second suite is move-in ready, featuring two private offices, an open front area, a storage room in the back, and a convenient half bathroom.Residential Units (Second Floor): Unit 1: A spacious 3 bed, 1 bath apartment with an open floor plan, a wall of windows offering panoramic views, in-unit laundry, private entry, and efficient ductless heating and cooling. Units 2 & 3: Each are 1 bed, 1 bath apartments with bright living spaces, lots of storage, full kitchens, ductless heating and cooling, shared laundry hookups in the hallway, and beautiful natural light throughout. Additional features include ample off-street parking, furnished residential units, and unbeatable views of the Willamette River across the street and hills behind. Whether you're an investor or an owner-user, this property is a rare find with multiple income streams and endless potential.

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