About This Restaurant
Investment Highlights
High Traffic Intersection Off Street Parking 75% Leased Multi-Use Building (Cafe, Offices, Food Cart Rental, Retail) Historic Building w/ Mural
Executive Summary
Motivated Seller! Iconic Commercial Building for sale in Downtown Cottage Grove and right on one of the busiest intersections in town. This property features a 1,900 square foot partially renovated 2-story building, 2 ADA bathrooms, an outdoor courtyard with seating, 8 parking spots, and 5 rooms on the 2nd story including a 1/2 bathroom. The tenant would prefer to continue leasing the kiosk that's adjacent to the courtyard. This sale is for the real estate, business, kitchen kiosk, and all FF&E.
Property Details
- Sale Type Investment or Owner User
- Sale Conditions 1031 Exchange 1031 Exchange Build to Suit Lease Option Redevelopment Project 1031 Exchange
- Property Type Retail
- Property Subtype Restaurant Restaurant Flex Showroom General Retail Storefront Retail/Office Office Medical Restaurant
- Building Size 1,900
- Building Class B
- Year Built/Renovated 1920/2024
- Price 585,000
- Price Per SF 308
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 2 Stories
- Building FAR 0.31
- Land Acres 0.14 AC
Amenities
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Storage Space
Property Taxes
Parcel Number | 0896579 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $107,294 |
Date Created: | 2024-07-16 04:18:09 | Last Updated: | 2024-07-16 04:18:09 |
Address: | 819 Main St , Cottage Grove, Oregon, 97424 |