This property is Off-Market

1340 Birch Street
Cottage Grove, OR 97424 ·

38,000 SF · Office For Sale

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Former Cottage Grove Hospital

Price N/A Property Use Type Investment
Building Size 38,000 SF Commission Split 5%
Property Type Office Tenancy Multiple
Property Sub-type Medical Office Lot Size 2.30 AC
Listing ID: 16556825 Date Created: 02/02/2010 Last Updated: 04/13/2010

Description

Former Cottage Grove Hospital
38000 Square Feet! 2 Tax Lots! 60+ Parking Spaces. Former Hospital is
29,000 square feet; also included are 7 cottages. Six cottages are 2 bedroom with one bath and One cottage is a studio. Cottages have been remodeled.
Almost all of the cottages are rented! We have a $52,220 gross income; all apartments are now rented!
New exterior paint! Great project and is ready for residential units, some city approval already done. 27 residential units and 6000 square foot office is approved; city will consider 40 units if elderly housing. This space is also perfect for group home, church, gift shops, laundry site, offices and more. The grounds are nicely maintained and sit on 2.3 Acres (Both parcels); You can walk to town. There is heavy power on site and a well along with city water and city sewer. Apartments renovated! 2 Bedroom units all rented and annual gross is $52,220....
Knowledgable contractor and local lender ready to go for qualified buyer. Just 20 minutes from Central Eugene!!

Former Cottage Grove Hospital

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1340 Birch Street, Cottage Grove, OR 97424 (Lane County)

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