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Mixed-Use Building with Apartment
For Sale
$705,000

657 E Main St, Cottage Grove, OR 97424

Two leased commercial spaces share the property with a second-floor residence in downtown Cottage Grove.

Property Size6,485 SF
Price / SF$108.71
Days on Market314

Property Features for 657 E Main St

General Information

Standard status Active
Size 6,485 SF
Property subtype Commercial
Zoning C-2 (H)
Occupancy 100%

Additional Details

Mixed-Use Components retail, residential
Multifamily Units 1
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $7,403

Building Details

Building Size 6,485 SF
Year Built 1920
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Windermere RE Lane County
Listed By: River Molyneaux · License #201244874
Source: Eaglecaprealty
Added: Dec 20, 2025 Changed: Oct 26 Last Checked: Oct 29 at 9:03PM

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 Windermere RE Lane County

Rey
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Investment Insights

Based on property information with market context.

This 6,485-square-foot mixed-use building, constructed in 1920, contains two commercial spaces and a 900-square-foot apartment on the second floor. The property is zoned C-2 (H), and all units are leased; some leases are scheduled for renewal in 2026.

The building is at 657 E Main St in downtown Cottage Grove, Oregon. The Axe & Fiddle is the majority tenant and has operated at this address since 2006, hosting weekly shows and events that draw local residents and visitors. The area is described as walkable, with pedestrian and vehicle traffic.

Key Highlights

  • 6,485‑square‑foot mixed‑use building constructed in 1920
  • Two commercial spaces and a 900‑square‑foot second‑floor apartment
  • All units are leased; some leases are up for renewal in 2026

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency HVAC Service Electrical Service 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

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

736
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased commercial spaces share the property with a second-floor residence in downtown Cottage Grove.
Where is this mixed-use property located?
The property is located at 657 E Main St Cottage Grove, OR.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: 6,485‑square‑foot mixed‑use building constructed in 1920; Two commercial spaces and a 900‑square‑foot second‑floor apartment; All units are leased; some leases are up for renewal in 2026
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