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    OFF-MARKET
    Retail properties & Spaces

    750 Main St, Cottage Grove, OR 97424

    1,925 SF 0.22 ac lot Built 1976
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,925-square-foot Class A building, situated in historic downtown Cottage Grove, presents a unique investment opportunity. Formerly a Bank of America branch, this single-tenant property boasts a striking brick exterior, a prominent monument sign, and a classic clock, ensuring high visibility and significant street presence. The building, constructed in 1976 and renovated in 1995, features a spacious open floor plan with two additional rooms in the rear and a single bathroom. A noteworthy highlight is the original, custom-built teller counter, a potential focal point for various uses. The property includes 12 parking spaces, both on-site and street parking, along with a convenient drive-thru. Its southern exposure ensures abundant natural light. The C2 zoning allows for diverse uses, including bank, office, retail, restaurant, coffee shop, or medical office. The 0.22-acre lot offers ample space, and the building benefits from high traffic counts and excellent visual exposure. The property features a 200-amp electrical service. Property taxes are $2.49 per square foot. The APN is 0893147. This is a rare opportunity to acquire a landmark building in a thriving downtown location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1976
    Total area 1,925 SF
    Lot 0.22 ac (9,583 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Permitted uses
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