Corvallis, OR Hospitality properties for sale

Updated: Nov 25, 2025

Downtown Corvallis Investment Opportunity

345 Northwest 2nd Street, Corvallis, OR 97330

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Prime location in Downtown Corvallis, home to Oregon State University
Significant income potential from a 63‑unit hotel, a restaurant/lounge, and six apartments
Option to purchase the hotel and restaurant separately or together
Includes a four‑bedroom, two‑bath manager's apartment
Proximity to the Willamette Riverfront Park and other natural attractions

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Updated: Jan 16, 2024

Downtown Corvallis Investment Opportunity

345 NW 2nd St, Corvallis, OR 97330

$7,500,000

34,040 sqft

Prime location in Downtown Corvallis, home to Oregon State University.
63‑unit hotel with diverse room types, including family suites with jetted spa baths.
Includes a 4‑bedroom, 2‑bath manager's apartment.
Features a separate commercial building housing the established China Delight Restaurant and Lounge.
Six additional 1‑bedroom, 1‑bath apartment units above the restaurant/lounge.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 2 Active listings in Corvallis, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

213 NW Cliff St

213 Nw Cliff St, Newport, OR 97365

$1,249,000

9,800 sqft · 0.23 AC lot

C-2 Zoning in Nye Beach/ Newport, OR

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Historic Downtown Hotel with Retail Front

661 S Main St, Lebanon, OR 97355

$4,750,000

27,764 sqft · 0.87 AC lot

A 1910 mixed-use building featuring fully occupied ground-floor retail and apartments, with renovation underway upstairs.

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Renovated Motel on Highway 101

1823 N Coast Hwy, Newport, OR 97365

$3,850,000

18,581 sqft

Recently renovated 49-unit motel on Highway 101 in Newport, OR.

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Historic Downtown Hotel with Retail

661 S Main St, Lebanon, OR 97355

$4,750,000

33,612 sqft · 0.37 AC lot

Historic hotel with four glass-front retail suites fully occupied on the ground floor and multifamily income from 10 units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Nye Beach Vacant Land Parcel

TL4000 NW High Street, Newport, OR 97365

$200,000

0.30 AC lot

0.3 acre commercial land in Newport's desirable Nye Beach.

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Nye Beach Vacant Land

626 NW Coast Street, Newport, OR 97365

$750,000

0.10 AC lot

Vacant land in Newport's Nye Beach district.

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Vacant Land in Nye Beach

TL4400 NW Coast Street, Newport, OR 97365

$200,000

0.10 AC lot

Vacant land parcel in Newport's desirable Nye Beach district.

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Vacant Land in Nye Beach

TL4300 NW Coast Street, Newport, OR 97365

$200,000

0.10 AC lot

Vacant land parcel in Newport's desirable Nye Beach district.

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Off-Market Properties in Corvallis, OR

Consider similar Off-Market properties in Corvallis, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOTEL

1113 9th St, Corvallis, OR 97330-4505

$2,700,000

Estimated value

29,520 sqft · 1.20 AC lot

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HOTEL

400 1st St, Corvallis, OR 97333-4911

Value Estimation by Request

169,502 sqft · 0.69 AC lot

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HOTEL

407 2nd St, Corvallis, OR 97330-6441

Value Estimation by Request

40,158 sqft · 1.52 AC lot

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HOTEL

2500 Western Blvd, Corvallis, OR 97333-4104

Value Estimation by Request

87,255 sqft · 3.62 AC lot

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HOTEL

150 Madison Ave, Corvallis, OR 97333-4708

Value Estimation by Request

30,821 sqft · 0.17 AC lot

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HOTEL

350 4th St, Corvallis, OR 97333-4623

Value Estimation by Request

11,430 sqft · 0.54 AC lot

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Corvallis, OR Hospitality Properties Market Trends and Statistics

Explore 8 hospitality properties for sale in Corvallis, OR on our real estate platform. These investment opportunities span a total of 34,040 square feet of properties for sale, with an estimated market value of $7,500,000.

Sale prices for hospitality properties in Corvallis, OR start at $7,500,000, averaging $7,500,000, and reaching up to $7,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
97330	$7.5M

Neighborhood

Average Price

97330

$7.5M