1601 E MAIN ST, Cottage Grove, OR 97424
- $795,000
1601 E MAIN ST, Cottage Grove, OR 97424
- $795,000
Overview
- 3180 Sqft
- 2019
- MultiFamily
- 448645088
- 0.28 Acres
- Mitchell and Associates Real Estate LLC
- Danielle Mitchell
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
Updated on April 16, 2026 at 10:09 pm-
MLS# 448645088
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Price $795,000
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Property Size 3180 Sqft
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Land Area 0.28 Acres
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Garage Size x x
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Year Built 2019
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Property Type MultiFamily
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Property Status Active
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Office Name Mitchell and Associates Real Estate LLC
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Agent Name Danielle Mitchell
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Office Phone 541-946-5052
Additional details
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Listing Terms Cash, Conventional
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Roof Metal
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Sewer Public Sewer
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Cooling Heat Pump
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Heating Ductless
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County Lane
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Property Type MultiFamily
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Parking Paved
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Elementary School Harrison
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Middle School Lincoln
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High School Cottage Grove
Walkscore
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Contact Information
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