Vincent F. (Jimmy) Ragione, 58, owner and operator with his wife of the Oakland Inn Restaurant in District Heights, died Wednesday at his home at the restaurant following a heart attack.

Mr. Ragione was born in Buffalo, N.Y., and came to the Washington area when he was stationed here with the old Army Air Corps at the end of World War II. He married the former Helen Stoffl, whose parents, Frank and Lena Stoffl, had founded the Oakland Inn in 1909.

In 1954, he and his wife purchased the business from her parents. Mr. Ragione continued to live and work there until his death.

In addition to running the restaurant, Mr. Ragione was active in trade associations. He was recent president of the Maryland State Licensed Beverage Association, an organization of retail liquor dealers, and had served as president of its Prince George's County chapter.

Mr. Ragione was a member of American Legion Post No. 196 in District Heights, of Lodge No. 1856 of the Loyal Order of the Moose, and of the Pope Pius X Council of the Knights of Columbus. He also was a parishioner of Mount Calvary Catholic Church in District Heights.

In addition to his wife, of the home, survivors include a daughter, Elena O'Neal, and a son, Frank J., also of the home; his father, Joseph, of Banzano, Italy; two brothers, Dr. Joseph, of Roanoke, Va., and Thomas, of Buffalo, N.Y.; a sister, Josephine Wierczynski, of Buffalo, and four grandchildren.

The family suggests that expressions of sympathy be in the form of contributions to the Heart Fund.