45 Thomas Ln Cottage Grove, OR 97424
Estimated payment $4,011/month
Highlights
- Second Garage
- 0.69 Acre Lot
- 1 Car Attached Garage
- RV Access or Parking
- No HOA
- Living Room
About This Home
LOCATION,LOCATION,LOCATION!!!Versatile Residential/Commercial Opportunity!! Discover an incredible investment opportunity featuring four buildings on a prime piece of real estate! This unique property includes three commercial buildings and a cozy 3-bedroom, 1-bathroom, 968 sq ft home. Located just a few feet from Walmart, gas stations, and a variety of dining options and I-5, this location offers endless potential for business development. Property Highlights: Building 1: A 1,056 sq ft space that formerly housed a custom tailoring and costume shop, complete with a restroom. -Building 2: A 912 sq ft building previously used for aquarium supplies, also featuring a restroom. -Building 3: A spacious metal shop of approximately 1,800 sq ft, which operated as a transmission shop for years. Residential Home: A charming 3-bedroom, 1-bathroom, 968 sq ft home, perfect for an owner-occupied or rental income. This Property has Endless Potential! With its strategic location and versatile spaces, this property is ideal for a variety of businesses such as a lottery outlet, bar, grocery store, smoke shop, nursery, or even spaces for multiple food trucks. Don't miss the chance to explore the possibilities this property has to offer! Addresses include: 25, 35, and 45 Thornton Ln.
Listing Agent
Mitchell and Associates Real Estate LLC Brokerage Email: donatamitchell@msn.com License #201218116 Listed on: 09/11/2024
Co-Listing Agent
Mitchell and Associates Real Estate LLC Brokerage Email: donatamitchell@msn.com License #990500069
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,664
Year Built
- Built in 1955
Lot Details
- 30,056 Sq Ft Lot
- Fenced
- Level Lot
- Garden
- Property is zoned CT
Parking
- 1 Car Attached Garage
- Second Garage
- Driveway
- RV Access or Parking
Home Design
- Composition Roof
- Wood Siding
- Block Exterior
- Metal Siding
Interior Spaces
- 968 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Accessibility Features
- Level Entry For Accessibility
Outdoor Features
- Outbuilding
Schools
- Bohemia Elementary School
- Lincoln Middle School
- Cottage Grove High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0888071
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,843 | $210,336 | -- | -- |
| 2024 | $3,746 | $204,210 | -- | -- |
| 2023 | $3,746 | $198,263 | $0 | $0 |
| 2022 | $3,522 | $192,489 | $0 | $0 |
| 2021 | $3,425 | $186,883 | $0 | $0 |
| 2020 | $3,358 | $181,440 | $0 | $0 |
| 2019 | $3,178 | $176,156 | $0 | $0 |
| 2018 | $3,138 | $166,045 | $0 | $0 |
| 2017 | $3,051 | $166,045 | $0 | $0 |
| 2016 | $3,006 | $161,209 | $0 | $0 |
| 2015 | $2,783 | $156,514 | $0 | $0 |
| 2014 | $2,738 | $151,955 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $699,000 | 0.0% | $722 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $699,000 | 0.0% | $722 / Sq Ft |
| 03/13/2025 03/13/25 | Off Market | $699,000 | -- | -- |
| 03/12/2025 03/12/25 | Off Market | $699,000 | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $750,000 | -- | $775 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24657326
APN: 0888071
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Ask me questions while you tour the home.