Coldwell Banker Walla Walla Logo
$730,000
( $112.57Per Sq Foot )
 $3,919 est/mo Sourced by Back At You

657 E Main St,CottageGrove, OR 97424

CottageGrove, OR 97424

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Description

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. Seller Carried Financing Available.

Details

MLS #639815176
Listing TypeFor Lease
StyleCommercial
StatusActive
Year1920
Days On Site281
Listing Provided ByWindermere RE Lane County | River Molyneaux

Features

SQ Feet6,485
Story(s)2
Building(s)1
ZoningC-2 (H)
Acreage0.10
Property ViewCity

Interior

HeatingHeat Pump, Wall Heater
Heating YnYes
CoolingWindow Unit
Cooling YnYes

Exterior

RoofFlat
Construction MaterialsBrick

Parking

Attached Garage YnNo
Parking FeaturesOn Street

Taxes

Property7403

Area Information

StateOR
CountyLane
CityCottageGrove
Zip Code97424
Listing VS Median (in 97424)
Price:
$730,000
low | high
Med:
$422,450
92.130136986301% of Average
sqft:
6,485
low | high
Med:
1,502
100% of Average
$ / sqft:
$113
low | high
Med:
$294
100% of Average
On site:
281
low | high
Med:
106.5
100% of Average
Sourced by Back At You

Market Activity 97424

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Contact

Learn More About This Property

Coldwell Banker Walla Walla

Coldwell Banker Walla Walla

 (509) 525-0820office@wallawallacb.com
StateOR
CountyLane
CityCottageGrove
Zip Code97424
Listing VS Median (in 97424)
Price:
$730,000
low | high
Med:
$422,450
92.130136986301% of Average
sqft:
6,485
low | high
Med:
1,502
100% of Average
$ / sqft:
$113
low | high
Med:
$294
100% of Average
On site:
281
low | high
Med:
106.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $547K - $912K
sqft: 4,500 - 8,000
Nearby Listings Property ImageNearby Listings Details
1308 E MAIN ST Property Photo 1
$1,650,000
1308 E Main St
Cottagegrove, OR 97424
1308 E MAIN ST Property Photo 1
$1,650,000
1308 E Main St
Cottagegrove, OR 97424
Listing Updated: September 25, 2026 at 11:52:35 PM PDT
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