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    518 SW 3Rd St Corvallis, OR 97333

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    For Sale
    $652,500

    Multi-tenant office building in downtown Corvallis with parking.

    Property size:
    2,072 SF

    Property Features for 518 SW 3Rd St

    General Information

    Size
    2,072 SF

    Building Details

    Year built
    1915

    Source: Bjorn Beer Agent Bjorn Beer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Corvallis Multi-Tenant Office

    This multi-tenant office building is situated in downtown Corvallis. The property includes 4 dedicated parking spots located at the rear of the building. The location offers high visibility and signage opportunities. The property is suitable as an investment opportunity or for an owner-user looking to occupy half of the square footage for SBA lending purposes. The property is located in an area of Corvallis that is primed for re-development. The building has a total size of 2072 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mary Dail Financial Institution Miss Sarah Barbuto Marriage Or Relationship Counselor Sarah Nicole Barbuto Marriage Or Relationship Counselor lauren amiton Counselor Financial Freedom Wealth ... Financial Planner

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -123.2634043
    Latitude
    44.5600507

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    FAQs

    What type of property is this?
    Office building - Multi-tenant office building in downtown Corvallis with parking.
    Where is this office building located?
    The property is located at 518 SW 3Rd St Corvallis, OR.
    What is the asking price?
    The asking price for this property is $652,500.
    What are key features of this property?
    This property features: - Prime downtown location with high visibility and great signage.; - Four dedicated parking spots.; - Opportunity for owner-user to occupy half the space for SBA lending.
    (541) 745-4050
    Request Owner's contact information
    518 SW 3Rd St Corvallis, OR 97333
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    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
    518 SW 3Rd St Corvallis, OR 97333
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