Remarks

Huge potential for mixed-use or commercial development in downtown Cottage Grove and on the river. The current building can be developed into a 3-5 story multifamily building with 22-46 apartments. Cottage Grove has a 1% rental vacancy rate, so more apartments are needed! The city does not require off-street parking for new developments. See the attached brochure for floor plans and extra information. This property has 10 off-street parking spots, views of the river, and a 5,830 Sqft building. This building has 3 offices, a yoga/dance studio, and changing rooms with 2 saunas, a receptionist desk, and a storage room.

Details

MLS#: 23133655
Price: $350,000

Style: Commercial
Sq Ft: 5830
Year Built: 1952

County: Lane
Tax Fee: 7357.9099999999999