Property profile & analytics
1601 Main St Cottage Grove, OR 97424-2243
- Commercial real estate
- 781 SF
- 0.28 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0872619
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Commercial real estate
Property Details for 1601 Main St
- Year built
- 1936
- Construction
- FRAME
- Lot size
- 0.28 lot acres
- Property size
- 781 SF
- Property type
- Commercial real estate
- APN
- 20-03-28-44-03100-000
- APU
- 2003284403100000
Description
This exceptional 3,180 square foot mixed-use building, constructed in 2019 and renovated the same year, presents a lucrative investment opportunity in Cottage Grove, Oregon. Located on a high-visibility corner lot at 1601 E Main St, 97424, this property boasts a prime location near pharmacies, medical offices, Safeway, and numerous other retailers and restaurants. The building features two residential apartments upstairs, each a one-bedroom, one-and-a-half-bathroom unit with abundant cabinetry, stainless steel appliances, luxury vinyl plank (LVP) flooring, and private balconies. Both include in-unit laundry and pantries. Downstairs, two retail/office suites offer flexible space, potentially combinable for a larger tenant. Each commercial unit includes ADA-compliant half baths and both front and rear entrances, making them ideal for medical use given the proximity to nearby medical facilities. The property also includes a paved parking lot with nine spaces and a separate four-unit storage building. The asking price is $749,000, with a pro-forma cap rate of 6.60% and a pro-forma NOI of $49,413. The lot size is 0.28 acres, and the building is zoned C2. Currently, one commercial unit and one residential unit are rented, with the owner-occupant vacating upon sale. All financial data are estimates. Interior photos are available to qualified buyers.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cottage Grove
- County
- Lane
- State
- Oregon
- Longitude
- -123.051
- Latitude
- 43.797
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,387
$0.00
$0.00
$345,673
-
$197,323
$436,089
$633,412
