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Map
$739,000
↓ $10K (1.3%)
●
Commercial -
For Sale
1601 E MAIN ST
Cottage Grove, OR 97424
Studio
0 Bath
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.
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
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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