Search
Mixed-Use Property with Penthouse
For Sale
$1,650,000

1308 East Main Street, Cottage Grove, OR 97424

Recently built mixed-use asset combining residential apartments, a penthouse, and a separately leased commercial building.

Property Size1,700 SF
Price / SF$362.32
Days on Market179

Property Features for 1308 East Main Street

General Information

Standard status Active
Size 1,700 SF
Total Parking Spaces 10
Elevators Yes
Property subtype Multi Family
Zoning C2P
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/2BA + office
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $757

Amenities

conference room
storage room
front lobby
Cable
2
Flat, Metal
Stucco

Building Details

Year Built 2020
Buildings 2
Building Size 1,700 SF
Tenancy Multi
Listing Agency: Wonderland Realty LLC
Listed By: Lindsay Martinez · License #200602288
Source: Compass
Added: Mar 4 Changed: Aug 29 Last Checked: Aug 29 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wonderland Realty LLC

Investment Insights

Based on property information with market context.

Completed in 2020, this C2P-zoned mixed-use property combines a three-unit residential building with a separate commercial structure. The residential component includes two 575-square-foot one-bedroom apartments and a 1,704-square-foot penthouse with two bedrooms, two bathrooms, an office, private elevator access, indoor laundry, a walk-in closet, and a two-car attached garage. The penthouse also features stainless appliances, a gas range, quartz countertops, custom cabinetry, oak flooring, heated tile, and a Trex deck.

The 1,700-square-foot commercial building has a front lobby, conference room, storage room, two bathrooms, ductless HVAC, ADA-compliant features, off-street parking, and bay-door access. It is separately leased with 8 years remaining. An electronic wrought iron gate divides the residential and commercial areas. The property is located on East Main Street in Cottage Grove, minutes from I-5 and the historic downtown district. Total property size is 4,554 square feet.

Key Highlights

  • Mixed‑use property totals 4,554 square feet and includes residential and commercial buildings
  • Three‑unit residential component with two 575‑square‑foot apartments and a 1,704‑square‑foot penthouse
  • Penthouse includes 2 bedrooms, 2 bathrooms, office, private elevator, and two‑car attached garage

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Hair Salon Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 97424, OR

18,750
Population
7,920
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
246.2 sq mi
ZIP Area
76
Density / Sq Mi
$71,985
Median Household Income
$36,588
Median Earnings
$1,012
Median Rent
$349,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Recently built mixed-use asset combining residential apartments, a penthouse, and a separately leased commercial building.
Where is this mixed-use property located?
The property is located at 1308 East Main Street Cottage Grove, OR.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Mixed‑use property totals 4,554 square feet and includes residential and commercial buildings; Three‑unit residential component with two 575‑square‑foot apartments and a 1,704‑square‑foot penthouse; Penthouse includes 2 bedrooms, 2 bathrooms, office, private elevator, and two‑car attached garage
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message