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3-Tenant Retail Building - Village Center 1205 N 99 Hwy

4,891 SF 36% Leased Retail Building Cottage Grove, OR 97424 $1,050,000 ($215/SF)

Investment Highlights

  • 3-tenant retail building with vacant space available featuring a drive-thru
  • High traffic area off of I-5 and close to Lane Community College

Executive Summary

Investment Retail Opportunity at Village Center!
This 3-tenant building is now available for sale in a high-traffic area off I-5 and near Lane Community College in Cottage Grove. Each building has been parceled for sale with a common area agreement in place. Co-tenants include Family Dollar, Goodwill, and Torero’s Mexican Family Restaurant.
The property features a building size of approximately 4,891 SF and a lot size of approximately 31,891 SF. Tenants include Torero’s Mexican Restaurant and Micheal Minshall, both on month-to-month leases, with a vacant space of 1,574 SF featuring a drive-thru.
With 1,574 square feet available, you could run your business from this space, benefiting from the drive-thru while others pay rent!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,891 SF
Building Class
C
Year Built
1980
Price
$1,050,000
Price Per SF
$215
Percent Leased
36%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Land Acres
0.73 AC
Zoning
C2P
Parking
26 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
112 FT on Or-99 Hwy

Amenities

  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,574 SF
  • Retail
  • -
  • Now

This is a high visibility corner retail space with an open floor plan and a drive thru window (subject to permitting). The space has new lighting, new ceiling tiles, store front system windows and front door. There is a small private office, and restroom. This would be a great location for coffee, pizza, bank, or salon.

Space Size Space Use Position Available
1st Floor 1,574 SF Retail - Now

1st Floor

Size
1,574 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,574 SF
Space Use Retail
Position -
Available Now

This is a high visibility corner retail space with an open floor plan and a drive thru window (subject to permitting). The space has new lighting, new ceiling tiles, store front system windows and front door. There is a small private office, and restroom. This would be a great location for coffee, pizza, bank, or salon.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1243532
Land Assessment
$1,486,994
Improvements Assessment
$499,738
Total Assessment
$1,986,732
  • Listing ID: 33129717

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 1205 N 99 Hwy, Cottage Grove, OR 97424

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