45441 McKenzie Hwy - Restaurant FOR SALE


Leaburg, OR 97489 | 
$650,000 USD
541-520-8012
45441 McKenzie Hwy, Leaburg, OR for Sale
$650,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

NEW


45441 McKenzie Hwy
Leaburg, OR 97489


OVERVIEW

For decades, the Riverside Inn was a McKenzie River landmark. It held Lane County's 11th health department restaurant license and ran as a year-round dinner house with a full bar, a patio, and upstairs rooms. Its guest book is part of local legend: the owner reports visits from the Grateful Dead, Ken Kesey, Bill Bixby, and Mason Williams, among others. Charles Morden Trust is now offering the property for sale, real estate only, with both parcels included for $650,000. The main parcel carries Lane County RC Rural Commercial zoning and the original roadhouse building. In its last operating years, it seated about 40 inside, 20 on the patio, and 18 in the bar. The property sits on Highway 126, the primary route between the Eugene-Springfield metro and the McKenzie recreation corridor. Much of the costly behind-the-walls work has already been done. According to the owner, insurance-funded repairs included: • Asbestos abatement on the main floor • A rebuild of the fire-damaged dining room • A new dining room roof and a new propane furnace • All-new plumbing in the four upstairs bedrooms and the owner's unit A brand-new advanced treatment septic system was installed and certified by Lane County in June 2026. The next owner inherits the building's character, including its knotty-pine bar, beamed dining room, and river setting, with interior finishes ready to update to their own vision. A separate 0.96-acre riverfront parcel just across the highway is included in the sale. The property suits a buyer looking to restore a destination restaurant or roadhouse, a lodging or retreat concept, or an owner-occupied live/work property on the McKenzie. All uses, capacities, and approvals are subject to independent buyer verification.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

RC

APN/PARCEL ID

0078376

ASK ABOUT THIS PROPERTY

Rob CohenRJC for Business / Pacific Real Estate ServicesMore Info
541-520-8012

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Rob CohenRJC for Business / Pacific Real Estate ServicesMore Info
541-520-8012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.