141 Bear Crk Rd Cottage Grove, OR 97424-9786
- Auto shops
- 1,408 SF
- 0.17 lot acres
Mar 28, 2022
Current Use by Public Records
- Auto shops
Property Details for 141 Bear Crk Rd
- Year built
- 1918
- Lot size
- 0.17 lot acres
- Property size
- 1,408 SF
- Property type
- Auto shops
- APN
- 21-04W-19DD-01100
- APU
- 2104W19DD01100
Description
This exceptional investment opportunity presents a 1,408 square foot retail property located at 141 Bear Creek Rd, Cottage Grove, Oregon, 97424. Situated on a 0.17-acre lot, this property boasts a rich history, having been built in 1918. Currently configured as a convenience store and gas station, the property requires finishing but offers significant upside potential. Recent improvements include new electrical wiring, flooring, and windows. A large loft provides ample storage space, and a separate kitchen area adds versatility. The property also includes underground gas and diesel fuel tanks, ready for activation, and a detached building offering additional storage or potential for expansion and income generation. The property is zoned CRC and benefits from high visibility and convenient access, capturing traffic from both Interstate 5 and local residents. This is an ideal opportunity for an investor seeking a value-add project with strong potential for return. The asking price is $79,000. Don't miss this chance to acquire a well-located retail property in a growing market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cottage Grove
- County
- Douglas
- State
- Oregon
- Longitude
- -123.212
- Latitude
- 43.7217
- CBSA code
- 40700
- CBSA name
- ROSEBURG, OR MICROPOLITAN STATISTICAL AREA
