1601 E Main St,CottageGrove, OR 97424
CottageGrove, OR 97424
Description
Built in 2019, this well-maintained property sits on a high-visibility corner lot, offering excellent exposure for commercial use while also providing comfortable residential living above. The location is highly convenient, within seconds to pharmacies, medical offices, Safeway, restaurants, and other retail amenities. The building includes four total units-two commercial spaces on the ground floor and two residential apartments upstairs. All units are currently leased, generating an immediate gross income of $4,650 per month. Three units rent for $1,250 each, while one apartment is currently leased at $900.The property features a paved parking lot with 9+ spaces, as well as a detached four-unit storage building at the rear.The commercial suites offer flexibility for a variety of uses and can be customized or combined into a larger space if desired. Each unit includes concrete floors, ADA-compliant half bathrooms, and both front and rear entrances. Upstairs, the two residential units are nicely finished and each offer one bedroom and one and a half bathrooms. They feature open-concept layouts, knotty pine cabinetry, spacious breakfast bars, pantries, stainless steel appliances, LVP flooring, indoor laundry rooms, and instant hot water heaters. Each apartment also includes a private second-story balcony.
Details
| MLS # | 448645088 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 211 |
| Listing Provided By | Mitchell and Associates Real Estate LLC | Danielle Mitchell |
Features
| SQ Feet | 3,180 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | C2P |
| Acreage | 0.28 |
| Property View | City |
Interior
| Heating | Ductless |
|---|---|
| Heating Yn | Yes |
| Cooling | Heat Pump |
| Cooling Yn | Yes |
Exterior
| Roof | Metal |
|---|---|
| Lot Features | Level |
Parking
| Attached Garage Yn | No |
|---|---|
| Parking Features | Paved |
Taxes
| Property | 6700 |
|---|
Area Information
| State | OR |
|---|---|
| County | Lane |
| City | CottageGrove |
| Zip Code | 97424 |
| School District | Cottage Grove |
| Elementary School | Harrison |
| High School | Cottage Grove |
| Listing VS Median (in 97424) | |
Price: $740,000 low | high Med: $399,900 sqft: 3,180 low | high Med: 1,636 $ / sqft: $233 low | high Med: $244 On site: 211 low | high Med: 67 | |
Market Activity 97424
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Learn More About This Property
| State | OR |
|---|---|
| County | Lane |
| City | CottageGrove |
| Zip Code | 97424 |
| School District | Cottage Grove |
| Elementary School | Harrison |
| High School | Cottage Grove |
| Listing VS Median (in 97424) | |
Price: $740,000 low | high Med: $399,900 sqft: 3,180 low | high Med: 1,636 $ / sqft: $233 low | high Med: $244 On site: 211 low | high Med: 67 | |
