Listing provided courtesy of Windermere RE Lane County- MLS# 639815176
Contact Information: 541-650-1226
Contact Information: 541-650-1226Images
Request Info657 E MAIN STCottage Grove, OR 97424
Commercial · 6,485 Sq. ft. | 0.10 Acres$730,000
Active
657 E MAIN ST Overview
- Time on Site:
- 191 days
- Visits:
- 60
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.
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657 E MAIN ST Facts & Features
- Type Commercial
- Sq. ft. 6,485
- Price/Sq.ft. $113
- Lot 0.10 Acres
Details
General
Income/Expenses
- Existing Lease Type: 1 - 5 Years Remaining,Modified Gross
- Gross Income: 48000.0
- Gross Scheduled Income: 600000.0
- Operating Expense: 14000.0
Building Information
- Year Built: 1920
Business Information
- Current Use: Bar,Restaurant,Retail
Location/Region
- Country: US
- County Or Parish: Lane
- MLS Area Major: 235 - Lane Co: South Lane Properties
Rent/Lease Information
- Lease Amount: 4000.0
Tax Information
- Tax Annual Amount: 7403.27
- Tax Year: 2025
General Information
- Inclusions: Building,Land
- Listing Terms: Call Listing Agent,Cash,Contract,Conventional
- Parcel Number: 0896504
- Property Condition: Existing
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: C-2 (H)
Interior
Building Interior
- Building Area Total: 6485.0
General Information
- Cooling: Window Unit(s)
- Heating: Heat Pump,Wall Heater
- Other Equipment: Fixtures
- Stories: 2
Exterior
Parking Information
- Parking Features: On Street
- Parking Total: 0
Lot Information
- Lot Size Acres: 0.1
- Lot Size Square Feet: 4356.0
- Number Of Buildings: 1
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Flat
General Information
- Road Frontage Type: 50
- Sewer: Public Sewer
657 E MAIN ST Neighborhood
Community
97424 (Cottage Grove) Demographics
43
Median Age
79
Population Density (per sq. mile)
31%
College Educated
$54,104
Estimated Median Income
4,897
Estimated Total Home Owners
2,413
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.657 E MAIN ST Monthly Cost
657 E MAIN ST Market Data
Based on the last 30 days in this zip code
$579,339
Average List Price
$291
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
95
Properties for Sale
657 E MAIN ST History
| Date | Value | Agent |
|---|---|---|
| 4/29/2026Source: Regional MLS | $730,000 -2.1% |
|
| 2/18/2026Source: Regional MLS | $746,000 -3.0% |
|
| 12/20/2025Source: Regional MLS | December 20, 2025 |