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Corvallis, OR Hotels for Sale

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Albany, OR Philomath, OR Adair Village, OR Tangent, OR Halsey, OR Monmouth, OR Brownsville, OR Klamath Falls, OR
Downtown Corvallis Investment Opportunity
Updated: Jan 16, 2024
Downtown Corvallis Investment Opportunity

345 NW 2nd St, Corvallis, OR 97330

Contact for pricing
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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Downtown Corvallis Investment Opportunity
Updated: Nov 25, 2025
Downtown Corvallis Investment Opportunity

345 Northwest 2nd Street, Corvallis, OR 97330

Contact for pricing
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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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 12 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

Opportunities in Nearby Cities

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

Hotel Property with Conversion Potential
Hotel Property with Conversion Potential

1152 MAIN St, Springfield, OR 97477

$2,100,000
0.58 AC lot

Existing room layouts include private bathrooms, mini refrigerators, laundry, and kitchenette plumbing in place.

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Hotel Property
Hotel Property

Springfield, OR 97477

$2,100,000

Hotel property with CC zoning and wall units serving the interior.

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Oceanfront 5-Unit Inn
Oceanfront 5-Unit Inn

3135 NW Inlet Ave., Lincoln City, OR 97367

Contact for pricing

Five oceanfront units with direct beach access and a grassy lawn for outdoor living.

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Devils Lake Frontage Land
Devils Lake Frontage Land

4040 NE W Devils Lake Rd TL 2605, Lincoln City, OR 97367

$695,000
0.21 AC lot

Lincoln City land with lake frontage and commercial zoning.

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

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

400 1st St, Corvallis, OR 97333-4911

Value Estimation by Request
169,502 sqft 0.69 AC lot
View details
407 2nd St
HOTEL

407 2nd St, Corvallis, OR 97330-6441

Value Estimation by Request
40,158 sqft 1.52 AC lot
View details
2500 Western Blvd
HOTEL

2500 Western Blvd, Corvallis, OR 97333-4104

Value Estimation by Request
87,255 sqft 3.62 AC lot
View details
150 Madison Ave
HOTEL

150 Madison Ave, Corvallis, OR 97333-4708

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

350 4th St, Corvallis, OR 97333-4623

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

Corvallis, OR Hotels Market Trends and Statistics

Explore 8 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2

Demographics Overview

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

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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