1481 Gateway Blvd - Office FOR SALE


Cottage Grove, OR 97424
$850,000 USD
541-729-1644
1481 Gateway Blvd, Cottage Grove, OR for Sale
$850,000 USD
Office - FOR SALE
1/6
null | 6.9% Cap Rate

Jan '25


1481 Gateway Blvd
Cottage Grove, OR 97424


HIGHLIGHTS

  • Prime location in Cottage Grove
  • Well maintained with numerous amenities
  • Lots of offices with open modern layout

OVERVIEW

Seller wants to carry the financing with 20-25% down payment with the balance amortized over 20-25 years including 6-7% interest per annum due in full in 15 years from the date of closing. Note shall carry a 10% prepayment penalty for 120 months. The amount of down payment and interest rate to be determined by the financial condition of the Buyer. Was used as a medical clinic prior to the current use, therefore, it has all the plumbing and hookups in the walls for a medical or dental clinic. DO NOT DISTURB OCCUPANTS. SHOWN BY APPOINTMENT ONLY

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

Commercial

APN/PARCEL ID

1045333

ASK ABOUT THIS PROPERTY

David ClydeDavid E Clyde Real EstateMore Info
541-729-1644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David ClydeDavid E Clyde Real EstateMore Info
541-729-1644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.