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Corvallis, OR Hospitality Properties for Sale

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Philomath, OR Albany, OR Adair Village, OR

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Downtown Corvallis Investment Opportunity

345 Northwest 2nd Street, Corvallis, OR 97330

Hotel, restaurant, and apartments near Oregon State University.

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

Updated: Nov 25, 2025

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$7,500,000

34,040 SF

Downtown Corvallis Investment Opportunity

345 NW 2nd St, Corvallis, OR 97330

63-unit hotel, restaurant, and apartments in downtown Corvallis.

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.

Updated: Jan 16, 2024

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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.

$5,000,000

27,764 SF

Historic Hotel with Retail Spaces

Historic downtown hotel with retail and renovation upside in Lebanon.

661 S Main St, Lebanon, OR 97355

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$3,850,000

18,581 SF

Renovated Motel on Highway 101

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

1823 N Coast Hwy, Newport, OR 97365

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$5,795,000

43,996 SF

Portland All-Suite Hotel Opportunity

All-suite hotel in Southwest Portland with access to major highways.

11340 SW 60th Ave, Portland, OR 97219

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$3,700,000

5,522 SF

Capitol Hill Motel For Sale

Well-maintained motel in Multnomah Village with conversion potential.

9110 SW Barbur Blvd, Portland, OR 97219

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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.

$200,000

0.30 Acres

Nye Beach Vacant Land Parcel

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

TL4000 NW High Street, Newport, OR 97365

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$750,000

0.10 Acres

Nye Beach Vacant Land

Vacant land in Newport's Nye Beach district.

626 NW Coast Street, Newport, OR 97365

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$200,000

0.10 Acres

Vacant Land in Nye Beach

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

TL4400 NW Coast Street, Newport, OR 97365

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$200,000

0.10 Acres

Vacant Land in Nye Beach

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

TL4300 NW Coast Street, Newport, OR 97365

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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.

1113 9th St

HOTEL • 29,520 SF

Value Estimation

$2,700,000

1113 9th St, Corvallis, OR 97330-4505

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400 1st St

HOTEL • 169,502 SF

Value Estimation by Request

400 1st St, Corvallis, OR 97333-4911

View details

407 2nd St

HOTEL • 40,158 SF

Value Estimation by Request

407 2nd St, Corvallis, OR 97330-6441

View details

2500 Western Blvd

HOTEL • 87,255 SF

Value Estimation by Request

2500 Western Blvd, Corvallis, OR 97333-4104

View details

150 Madison Ave

HOTEL • 30,821 SF

Value Estimation by Request

150 Madison Ave, Corvallis, OR 97333-4708

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350 4th St

HOTEL • 11,430 SF

Value Estimation by Request

350 4th St, Corvallis, OR 97333-4623

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Corvallis, OR Hospitality Properties Investment Opportunities Market Analysis

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.

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Top Commercial Asset Segments

Demographics Overview

Population 72K

Population Growth (5Y) +13.3%

Median Household Income $67,548

College Educated 61.9%

High-Yield Neighborhoods for Strategic Investment

Identify Corvallis submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
97330	$7.5M

Taxes & Financing

Tax Rate (average for all types) 1.64%

Property Tax per SF $13.89 per sq ft

Tax Rate vs County Average 0.02 pp above county avg

Average Loan-to-Value 65.0%

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Corvallis, OR Hospitality Properties for Sale

Downtown Corvallis Investment Opportunity

Hotel, restaurant, and apartments near Oregon State University.

Downtown Corvallis Investment Opportunity

63-unit hotel, restaurant, and apartments in downtown Corvallis.