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345 Northwest 2Nd St Corvallis, OR 97330

For Sale
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Hotel, restaurant, and apartments near Oregon State University.

Property Features for 345 Northwest 2Nd St

General Information

Zoning
CMU-3 Commercial Mixed Use

Building Details

Year built
1980

Source: Skip Rotticci, CCIM Agent Skip Rotticci, CCIM

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


Overview

Downtown Corvallis Investment Opportunity

The Rodeway Inn Willamette River presents an investment opportunity in Downtown Corvallis, near Oregon State University. The property features a 63-unit, two-story hotel building with interior corridors. Room types include King-size family suites with jetted spa baths, King single rooms, Queen single rooms, and Queen double rooms. A separate building houses a manager's office and a four-bedroom, two-bath apartment. Additionally, there is a commercial building containing the China Delight Restaurant and Lounge, a long-standing Corvallis establishment, with six one-bedroom, one-bath apartment units above. The hotel and restaurant can be acquired together or separately. The Rodeway Inn Corvallis is located in the heart of Corvallis, in the Willamette Valley, offering a base for business and leisure travelers. Situated on a well-connected street, it provides access to the surrounding area and is near the downtown district, with attractions, restaurants, shops, and entertainment options within walking distance or a short drive. The property is located near the Willamette Riverfront Park and natural attractions such as the Willamette River, parks, and hiking trails.
Insight Report Location Intelligence

Current Use by Public Records

Rodeway Inn Willamette ... Hotel

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Corvallis
County
Benton
State
Oregon
Longitude
-123.2577474
Latitude
44.566564

FAQs

What type of property is this?
Hotel - Hotel, restaurant, and apartments near Oregon State University.
Where is this hotel located?
The property is located at 345 Northwest 2Nd St Corvallis, OR.
What are key features of this property?
This property features: - 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
More about this property
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