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    325 NW 2Nd St Corvallis, OR 97330

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    For Sale
    $1,400,000

    Established restaurant with six apartments for storage or residential use.

    Property size:
    6,940 SF
    Lot size:
    0.12 Acres

    Property Features for 325 NW 2Nd St

    General Information

    Size
    6,940 SF
    Lot size
    0.12 Acres

    Source: Macadam Forbes Agent Skip Rotticci

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

    Overview

    Restaurant with Residential Income Potential

    This property features a full-service Chinese restaurant located in Corvallis, Oregon. The restaurant has been in operation for nearly two decades. The owner has recently extended the lease at market rates. Above the restaurant and lounge are six one-bedroom, one-bath apartment units. Currently, these units are being used for storage. The units include all plumbing and fixtures, allowing them to be utilized as apartments. The property size is 6,940 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    China Delight Restaurant ... Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Corvallis
    County
    Benton
    State
    Oregon
    Longitude
    -123.2583679
    Latitude
    44.5662724

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    FAQs

    What type of property is this?
    Conventional restaurant - Established restaurant with six apartments for storage or residential use.
    Where is this conventional restaurant located?
    The property is located at 325 NW 2Nd St Corvallis, OR.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Established Chinese restaurant operating for nearly two decades in Corvallis, Oregon.; - Full-service restaurant with a comfortable and convenient location.; - Recently extended lease at market rates.
    (503) 227-2500
    Request Owner's contact information
    325 NW 2Nd St Corvallis, OR 97330
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    Corvallis, OR 97330
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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
    325 NW 2Nd St Corvallis, OR 97330
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