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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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657 E Main St , Cottage Grove, OR 97424
$730,000
Est. Payment: $3,728.22/mo
0 Bed
0 Bath
6485 Sqft
Status: Active | Days on site: 261
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5WJT01 - RMOLYNEU,MOLETROY
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House Description

Rare opportunity to own an Iconic building in Historic Downtown Cottage Grove. This mixed-use building has 2 large commercial spaces and a 900 SqFt apartment on the 2nd Floor. Located in a walkable area with strong local visibility, the ground-floor commercial space is well suited for retail, office, or service-oriented uses and benefits from steady foot and vehicle traffic. Perfect investment for a passive investor looking to own a piece of history, or an owner-user looking to run a business in the vibrant downtown Cottage Grove. The Axe & Fiddle (majority Tenant) has been running in this location since 2006. They have weekly shows and events that bring many locals and visitors in. This is an excellent opportunity for investors or owner-users seeking a stable income property in a desirable Oregon market with strong community appeal. All Units are leased, some up for renewal in 2026. Rejuvenated downtown ready for investment. The City has just completed a $6 million dollar redevelopment of Downtown. This building has been a core part of Downtown Cottage Grove. Seller Carried Financing Available.

Highlights

Listed by River Molyneaux , 541-650-1226 and Troy Mole , 541-484-2022 Windermere RE Lane County , 541-484-2022. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1920

County

Lane

Area

235 - Lane Co: South Lane Properties

Listing ID

639815176

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Fixtures
Air Cond:Window Unit(s)
Fireplaces:
Water:Public Water

Exterior Features

Garage Capacity:0
Zoning:C-2 (H)
Roof:Flat
Others:
  • Additional:Existing
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$3,728
Taxes
$617

Home Price

$730,000

Loan Details

30 yrs
6.596%

Down Payment

20%
$146,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,728.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,728.22 $616.94 $0.00 $4,345.16
Yearly $44,738.70 $7,403.27 $0.00 $52,141.97
Total $1,342,160.89 $222,098.10 $0.00 $1,564,258.99

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Cottage Grove, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-09-07T15:54:13.000Z

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