Check Availability
$739,000
↓ $10K (1.3%)
Commercial - For Sale

1601 E MAIN ST

Cottage Grove, OR 97424
bedrooms
Studio
bathrooms
0 Bath
square feet
3180 Sqft
$4,161
Estimated Monthly
$0
HOA / Fees
0.10%
Cap Rate

About This Property

High visibility corner lot with a newer, 2019 construction, four-unit commercial building.  With exceptional traffic flow this location is near two pharmacies, medical offices, Safeway and many other retailers as well as restaurants.  Upstairs there are two residential apartments with two retail/office suites downstairs. Estimated rents are $1,250+ for each unit.  The paved parking lot features 9+ parking spaces plus a four unit storage building.Commercial units are open and ready for tenant improvements.  Downstairs units could be combined for a larger tenant.  Both units include ADA half baths and both front and rear entrances.  Perfect for medical use with a pharmacy just seconds away and several medical facilities within a couple of blocks.Upstairs the two residential one bedroom, 1 1/2 bath apartments are finished beautifully.  Abundant cabinetry, stainless appliances, LVP flooring and great second story balconies.  Both feature indoor laundry rooms and pantries. Excellent for owner occupant or as rentals.The building features a freestanding storage building at the back of the property separated into four separate units.

The manager has listed the unit size as 3180 square feet.
Unit Size
3,180Ft²
Days on Market
162 days
Land Size
0.28 acres
Price per sqft
$232
Property Type
Commercial
Property Taxes
$532
HOA Dues
-
Year Built
1936

Listed By

Jewon Jung
ICON Real Estate Group
Last updated: 3 days ago (RMLSOR #23072285)

Price History

Date / Event Date Event Price
May 9, 2024 Price Decreased $739,000
↓ $10K (1.3%)
Price Decreased
Apr 4, 2024 Price Decreased $749,000
↓ $10K (1.3%)
Price Decreased
Feb 3, 2024 Price Decreased $759,000
↓ $36K (4.5%)
Price Decreased
Dec 1, 2023 Listed by ICON Real Estate Group $795,000
Listed by ICON Real Estate Group
Feb 11, 2019 Sold to Ernest E Olson $87,500
Sold to Ernest E Olson

Property Highlights

With View

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1601 East Main Street 1601 East Main Street, Cottage Grove, OR 97424
  • 1 Unit for Sale
More about this Building
1601 East Main Street
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About Cottage Grove


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