1601 E MAIN ST Cottage Grove, OR $ 795,000
1601 E MAIN ST
$ 795,000
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1601 E MAIN ST

Cottage Grove, OR, 97424
$ 795,000
Bedrooms-- Baths-- Sq 3,180
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 1
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 2
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 3
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 4
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 5

Property for Rent in Cottage Grove, OR

for $795,000. This 3,180 square foot property was built in 2019 on a lot size of 0.28.

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 that offers their own staircase to enter making units very private and great separation of space. 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, 3 Units are 5x6 and one unit is 10x20. 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 has its own entry/staircase with private balconies making it a great separation of space.

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Rental Active

Price

$ 795,000

Taxes

$ 6,700

Style

Commercial

Lot Size

0.28

Year Built

2019

Town/City

Cottage Grove

County/Region

Lane

MLS | Web ID

195266402

Features
General
Sewer PublicSewer
Heating Ductless
Cooling HeatPump
Roof Metal
Zoning CP2
Construction Materials Cedar WoodFrame WoodSiding
Year Built 2019
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use MultiFamily Retail
Parcel Number 0900306
Gross Income 4650.0
County Lane
Operating Expense 0
Property Type CommercialSale
HOA N
Status Active
Directions Corner of south 16th and East Main St
City CottageGrove
MLS Area _235
Lot Size Square Feet 12196.0
Listing Terms Cash Conventional Other Trade
Tax Annual Amount 6700.67
Property Condition Approximately
Lease Type YearsRemaining1to5 MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TL 20-03-28-44-03100
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Exterior
Road Frontage 238
Parking Features OnSite
Water Source PublicWater
Total Parking 9.0
Number of Buildings 1
Building Area Total 3180.0
Lot Size Acres 0.28
Road Surface Type Paved
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Interior
Ceiling Height 8
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Mitchell And Associates Real Estate Llc

Broker

donatamitchell@msn.com

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$795,000 Listed Price

Map


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1601 E MAIN ST, Cottage Grove, OR, 97424 is a Property for Rent at $795,000 with 3,180 sqft and a lot size of 0.28. 1601 E MAIN ST was built in 2019. The property's zip code is 97424 which is in Cottage Grove, OR