657 E MAIN ST Cottage Grove, OR $ 769,000
657 E MAIN ST
$ 769,000
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657 E MAIN ST

Cottage Grove, OR, 97424
$ 769,000
Bedrooms-- Baths-- Sq 6,485
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Property for Rent in Cottage Grove, OR

for $769,000. This 6,485 square foot property was built in 1920 on a lot size of 0.1.

Rare opportunity to own an Iconic building in Historic Downtown Cottage Grove. This mixed-use building has 2 large commercial spaces and a 900 SqFt apartment on the 2nd Floor. Located in a walkable area with strong local visibility, the ground-floor commercial space is well suited for retail, office, or service-oriented uses and benefits from steady foot and vehicle traffic.Perfect investment for a passive investor looking to own a piece of history, or an owner-user looking to run a business in the vibrant downtown Cottage Grove.The Axe & Fiddle (majority Tenant) has been running in this location since 2006. They have weekly shows and events that bring many locals and visitors in. This is an excellent opportunity for investors or owner-users seeking a stable income property in a desirable Oregon market with strong community appeal. All Units are leased, some up for renewal in 2026.Rejuvenated downtown ready for investment. The City has just completed a $6 million dollar redevelopment of Downtown. This building has been a core part of Downtown Cottage Grove.

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Rental Active

Price

$ 769,000

Taxes

$ 7,403

Style

Commercial

Lot Size

0.1

Year Built

1920

Town/City

Cottage Grove

County/Region

Lane

MLS | Web ID

639815176

Features
General
Sewer PublicSewer
Heating HeatPump WallHeater
Cooling WindowUnit
Roof Flat
Zoning C-2 (H)
Construction Materials Brick
Year Built 1920
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Bar Restaurant Retail
Parcel Number 0896504
Gross Income 48000.0
County Lane
Operating Expense 14000.0
Property Type CommercialSale
HOA N
Status Active
Directions Right on E Main St. Left on S 7th St.
City CottageGrove
MLS Area _235
Lot Size Square Feet 4356.0
Listing Terms CallListingAgent Cash Contract Conventional
Tax Annual Amount 7403.27
Property Condition Existing
Lease Type YearsRemaining1to5 ModifiedGross
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 4000.0
Legal Description TL 0896504. Addresses included: 637 641 657 E Main St. 25 and 27 S 7th St.
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Exterior
Road Frontage 50
Parking Features OnStreet
Water Source PublicWater
Total Parking 0
Number of Buildings 1
Building Area Total 6485.0
Lot Size Acres 0.1
Road Surface Type Paved
Other Equipment Fixtures
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Interior
Ceiling Height 15
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Internal Only
Street Number 1 657
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* Excluded Features
List By
Windermere Re Lane County

Broker

541-650-1226

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2025$769,000 Listed Price

Map


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657 E MAIN ST, Cottage Grove, OR, 97424 is a Property for Rent at $769,000 with 6,485 sqft and a lot size of 0.1. 657 E MAIN ST was built in 1920. The property's zip code is 97424 which is in Cottage Grove, OR