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$746,000 -$23,000 (-2.99%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
  • Updated 1 day ago
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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.

Full Property Details for 657 E Main St

General

  • Price: $746,000
  • Taxes: $7,403 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: RWMLS
  • MLS ID: 639815176
  • Updated: 2/18/2026
  • Added to Site: 61 day(s) ago

Additional Information

  • Equipment: Fixtures

Parking

  • Parking Features: On Street

Location

  • County: Lane
  • Driving Directions: Right on E Main St. Left on S 7th St.

Community

  • Community Name: 235 - Lane Co: South Lane Properties

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Heat Pump, Wall Heater
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Construction: Brick
  • Roof: Flat
  • Ceiling Height: 15
  • Stories/Levels: 2
  • Square Feet: 6,485
  • Current Bldg. Use: Bar, Restaurant, Retail
  • Year Built: 1920
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved

Financial Considerations

  • Lease Price: $4,000
  • Operating Expenses: $14,000
  • Tax Amount: $7,403.27
  • Tax Year: 2025
  • Terms: Call Listing Agent, Cash, Contract, Conventional

Disclosures and Reports

  • Documents Avail.: Brochure
  • Legal Description: TL 0896504. Addresses included: 637, 641, 657 E Main St. 25 and 27 S 7th St.
  • Property ID: 896504

Listed by Windermere RE Lane County (541) 484-2022, River Molyneaux (541) 650-1226 and Windermere RE Lane County (541) 484-2022, Troy Mole (541) 520-8065

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Listing agents

— 657 E Main St —

  • River Molyneaux

    Windermere RE Lane County

    541-484-2022

  • Troy Mole

    Windermere RE Lane County

    541-484-2022

541-650-1226

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 657 E Main St

School District:South Lane School District 45j
NameGradesDistance
Bohemia Elementary School
721 South R Street, Cottage Grove, OR 97424
K-50.8 mi
Lincoln Middle School, Cottage Grove, OR
1565 South 4th Street, Cottage Grove, OR 97424
6-80.9 mi
Cottage Grove High School
1375 South River Road, Cottage Grove, OR 97424
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 657 E Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Price Reduced
$746,000
-2.99%
MLS
12/20/2025
Listed
$769,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Windermere RE Lane County (541) 484-2022, River Molyneaux (541) 650-1226 and Windermere RE Lane County (541) 484-2022, Troy Mole (541) 520-8065

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657 E Main St, Cottage Grove, OR 97424 (MLS# 639815176) is a Commercial Service property. 657 E Main St is currently listed for $746,000 and was received on December 20, 2025. Want to learn more about 657 E Main St? Do you have questions about finding other Commercial Service real estate for sale in Cottage Grove? You can browse all Cottage Grove real estate or contact a Coldwell Banker agent to request more information.

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