750 Main St, Cottage Grove, OR 97424
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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