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    Albany, OR Philomath, OR Tangent, OR Adair Village, OR Monmouth, OR Shedd, OR Halsey, OR Brownsville, OR
    Downtown Corvallis Investment Opportunity
    Updated: Mar 26
    Downtown Corvallis Investment Opportunity

    345 Northwest 2nd Street, 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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 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

    Opportunities in Nearby Cities

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

    Hotel with Owner’s Suite
    Hotel with Owner’s Suite

    1152 MAIN St, Springfield, OR 97477

    $2,100,000
    8,908 sqft 0.58 AC lot

    Established hotel with guest amenities, on-site laundry, parking, and an updated owner’s suite.

    View details
    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    661 S Main St, Lebanon, OR 97355

    $4,750,000
    27,764 sqft 0.87 AC lot

    Downtown property combines occupied storefronts and apartments with upper floors undergoing renovation.

    View details
    Hotel Property with Apartment Conversion Potential
    Hotel Property with Apartment Conversion Potential

    1152 MAIN St, Springfield, OR 97477

    $2,100,000
    0.58 AC lot

    Existing hotel layout includes private bathrooms, kitchenette plumbing, on-site laundry, storage, and parking.

    View details
    Historic Mixed-Use Property
    Historic Mixed-Use Property

    661 S Main St, Lebanon, OR 97355

    $4,750,000
    33,612 sqft

    Downtown asset combines occupied retail and apartment components with upper-floor renovation underway.

    View details

    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

    1113 9th St, Corvallis, OR 97330-4505

    Estimated value:
    $2,700,000
    29,520 sqft 1.20 AC lot
    View details
    400 1st St
    HOTEL

    400 1st St, Corvallis, OR 97333-4911

    Estimated value: by Request
    169,502 sqft 0.69 AC lot
    View details
    2500 Western Blvd
    HOTEL

    2500 Western Blvd, Corvallis, OR 97333-4104

    Estimated value: by Request
    87,255 sqft 3.62 AC lot
    View details
    150 Madison Ave
    HOTEL

    150 Madison Ave, Corvallis, OR 97333-4708

    Estimated value:
    $1,190,000
    30,821 sqft 0.17 AC lot
    View details
    350 4th St
    HOTEL

    350 4th St, Corvallis, OR 97333-4623

    Estimated value:
    $2,330,000
    11,430 sqft 0.54 AC lot
    View details

    Corvallis, OR Hotels Market Trends and Statistics

    Explore 7 hotels 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 resorts in Corvallis, OR average $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

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 72K
    Population Growth (5Y) +13.3%
    Median Household Income $67,548
    College Educated 61.9%

    High-Yield Neighborhoods for Investment

    Identify Corvallis submarkets with the highest inventory density on the market and evaluate the average 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 SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

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