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Listing provided courtesy of Windermere RE Lane CountyMLS# 639815176MLS ProviderContact Information: 541-650-1226
  • 191 days on site
  • 60 views

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.

Source: Regional MLS, MLS#: 639815176

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  • Property Type
    Commercial Sale
  • Lot
    0.10 acres

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  • Median Age
    43
  • Population Density
    79
  • College Educated
    31%
  • Estimated Median Income
    $54,104
  • Estimated Total Home Owners
    4,897
  • Estimated Total Renters
    2,413
  • Owner / Renter Divide
    67% / 33%
  • Estimated Average Household Size
    3
  • Total Population
    18,361
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 657 E MAIN ST

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/29/2026Source: Regional MLS Price Reduction
$730,000 -2.1%
2/18/2026Source: Regional MLS Price Reduction
$746,000 -3.0%
12/20/2025Source: Regional MLS Added to Database
December 20, 2025