Listed by: Dee Leininger · Crater Lake Realty,Inc.

$295,000
  • — beds
  • 0 baths
  • — sqft

28585 Hwy 70, Bonanza, OR 97623

Est. $1,777/moPayment calculator
  • Single familyHome type
  • Built in 1937Year built
  • 0.39 acresLot
  • NoneHOA

About this home

  • Listed Jan 26, 2026
  • 249 days on market
  • 62 photos

Opportunity knocks! Lots of potential for this outstanding property. Now is your chance to own the locally known historical Longhorn Saloon and Restaurant that has been a charming old commercial landmark on the main street of Bonanza, Oregon since 1937. Property includes restaurant plus a large dining room featuring a natural stone fireplace and sliding doors opening to the spacious bar that includes a stage, pool table, Oregon Lottery Video Poker and Keno. The full modern kitchen is located between the restaurant and dining room and comes with an excellent reputation for good food. The privately fenced area out back is nicely shaded and includes a horseshoe pit and tables for dining outdoors. For many years the Longhorn has been well known as the best local gathering spot and is also located right across from the Big Springs Park.

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Laminate Counters
  • Vaulted Ceiling(s)

Heating & cooling

  • Oil
  • Wall/Window Unit(s)

Flooring

  • Concrete
  • Tile
  • Vinyl

Property

Lot size
0.39 acres

View

  • Territorial

Parking

  • On Street

Construction

Home type
Single family
Property type
Commercial Sale
Year built
1937

Materials

  • Concrete
  • Asphalt roof

Utilities

Sewer & water

  • Public Sewer
  • Shared Well water
  • Well water

Community & HOA

HOA dues
None
County
Klamath

Financial & listing details

List price
$295,000
Annual property tax
$2,692
Date on market
Jan 26, 2026
Days on market
249
MLS#
220130477

Price & status history

DateEventPrice
Jan 26, 2026Listed for sale$295,000

Neighborhood

  • CityBonanza, OR 97623
  • CountyKlamath

Payment calculator

Estimated monthly payment

$1,777/mo

  • Principal & interest$1,492
  • Property taxes$224
  • Homeowners insurance$61
  • HOA dues$0

Loan amount $236,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

Similar homes

MLSCO

Listing provided by Crater Lake Realty,Inc. · Listing agent: Dee Leininger

Source
MLS of Central Oregon
MLS#
220130477
Last updated
Jul 1, 2026 at 11:31 AM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.