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    1585 SW 53Rd St Corvallis, OR 97333

    New
    For Sale
    $150,000

    COMMERCIAL - Corvallis, OR

    Property size:
    2,615 SF
    Lot size:
    1.93 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1585 SW 53Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    APN
    391902
    Size
    2,615 SF
    Lot size
    1.93 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1998
    Floors in Building
    1
    Roof type
    Flat, Built-Up

    MORE Realty (503) 353-6673 [email protected]

    Listing agent Simon Wong (503) 353-6673

    Listing date Dec 3, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant Business Opportunity

    This is a business opportunity for an established restaurant with a full commercial kitchen, located inside a busy local plaza in Corvallis, Oregon. The restaurant has approximately 50 seats, plus a small party room that can accommodate 12 additional people. The property benefits from ample on-site parking and is situated near other anchor stores. It is located approximately 5 minutes from the Oregon State University (OSU) campus. The business currently employs 3 full-time employees. The property size is 2615 square feet and is situated on a 1.93-acre lot. The zoning is commercial. Viewings are by appointment only and should be scheduled before or after business hours. Please do not disturb the business.
    Location Intelligence

    Current Use by Public Records

    Uncle Sun Chinese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.310173
    Latitude
    44.549943

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant for sale in Corvallis, Oregon.
    Where is this restaurant located?
    The property is located at 1585 SW 53Rd St Corvallis, OR.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Established restaurant business opportunity (no real estate included).; - Boasts a **full commercial kitchen**.; - **High-traffic location** within a busy local plaza with ample parking.
    (503) 353-6673
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    1585 SW 53Rd St Corvallis, OR 97333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1585 SW 53Rd St Corvallis, OR 97333
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