This 835-square-foot medical office building, located at 502 E Whiteaker Ave, Cottage Grove, OR 97424, presents a unique owner-user opportunity. Built in 1955 and renovated in 2018, the property boasts a Class C rating and sits on a 6,098-square-foot lot. The single-story building features one unit with a current occupancy of 100%, commencing August 1, 2019. The asking price is $215,000, translating to $257.49 per square foot. The property includes eight parking spaces and is zoned C2. Interior features include updated ductless heat/AC, modern fixtures and plumbing, exam rooms, and a reception area. The current lease is a gross lease for one year, starting January 1, 2024, and expiring December 31, 2024. The current owner is open to a month-to-month leaseback agreement, and the lease rate is negotiable. Its prime location, just one block from Main Street, makes it ideal for a variety of medical, retail, or office uses, including but not limited to a small medical practice, massage therapist (LMT), or veterinary clinic. The property's APN is 893469.
Highlights
835 SF medical office building in Cottage Grove, OR, on a 6,098 SF lot.
Class C building, built in 1955, renovated in 2018, asking $215,000 ($257.49/SF).
Currently 100% occupied with a gross lease expiring December 31, 2024; seller open to month-to-month leaseback.
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Brent Cole
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502 Whiteaker Ave, Cottage Grove, Oregon, 97424
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502 Whiteaker Ave
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