303 E Main St, Cottage Grove

$379,000

0 Bed
0 Bath
5,830 Sqft
.36 Acre
0 Garage

Huge potential for mixed-use or commercial development in downtown Cottage Grove and on the river. The current building can be developed into a 3-5 story multifamily building with 22-46 apartments. Cottage Grove has a 1% rental vacancy rate, so more apartments are needed! The city does not require off-street parking for new developments. See the attached brochure for floor plans and extra information. This property has 10 off-street parking spots, views of the river, and a 5,830 Sqft building. This building has 3 offices, a yoga/dance studio, and changing rooms with 2 saunas, a receptionist desk, and a storage room.

Essential Information
MLS® #23133655
Price$379,000
Bathrooms0.00
Square Footage5,830
Acres0.36
Year Built1952
TypeCommercial Sale
Sub-TypeCommercial
StatusActive
Community Information
Address303 E Main St
CityCottage Grove
CountyLane
StateOR
Zip Code97424
Area

235 - Lane Co: South Lane Properties

Amenities
Parking Spaces10
ParkingOn Site
ViewCity, River
WaterfrontRiver Front
Interior
HeatingHeat Pump
# of Stories1
Exterior
RoofComposition, Flat, Shingle
Additional Information
Date ListedFebruary 3rd, 2023
Days on Market418
ZoningC-2 (H)
Listing Details
OfficeWindermere RE Lane County
Property History
Price Reduced from $390,000 to $379,000
Price Reduced from $399,000 to $390,000
Price Reduced from $450,000 to $399,000
Price Reduced from $495,000 to $450,000
Price Reduced from $550,000 to $495,000
Show All History (6)
LISTING MAP

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Listing information last updated on March 27th, 2024 at 11:11pm PDT.