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Retail Building in CB Zone
For Sale
$2,648,505

233 SW 2nd St, Corvallis, OR 97333

Single-tenant retail building suited for owner-users with CB zoning and a nearby future Gordon Corvallis site.

Property Size27,879 SF
Price / SF$95
Days on Market70

Property Features for 233 SW 2nd St

General Information

Standard status Active
Size 27,879 SF
Property subtype Retail
Zoning CB

Building Details

Building Size 27,879 SF
Tenancy Single
Listing Agency: SVN Imbrie Realty
Listed By: Carl Grending, CCIM · License #NM #19063
Source: Svn
Added: Jun 3 Changed: Aug 11 Last Checked: Aug 11 at 5:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Imbrie Realty

Investment Insights

Based on property information with market context.

233 SW 2nd St offers a retail building totaling 27,879 SF with a single unit configuration, making it straightforward for an owner-operator or a focused specialty tenant. The property is presented as an owner/user opportunity, with zoning that supports CB for versatile usage. Built to accommodate retail and related specialty needs, the current setup is designed for businesses that want to operate within one dedicated space.

The property is located in Corvallis, Oregon, and is positioned next to the future home of Gordon Corvallis, projected to open in 2027. This timing and proximity can be relevant for retailers evaluating how surrounding development may align with their site strategy over the coming years.

For tenants and buyers seeking a single, dedicated retail asset rather than multi-tenant space, the CB zoning and unit configuration provide flexibility in how the building can be utilized within allowable categories. Its owner/user orientation also fits businesses that prefer direct control of operations without coordinating multiple suites. As presented, this is a retail-centered opportunity grounded in an existing structure, clear zoning context, and a specific near-term development timeline affecting the immediate area.

Key Highlights

  • 27,879 SF single‑tenant retail building suited for an owner‑user arrangement
  • Zoned CB, offering versatile usage options
  • Single unit configuration

Property Analytics

Current Use

Furniture-Direct Big Box & Wholesale Store Blackledge Furniture Furniture & Home Goods

Suggested Use

Top Pick Locksmith Electrical Service HVAC Service Catering Service (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,930
Businesses Nearby
127k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 25% Groceries 19% Hotels & Casinos 4%
McDonald's Dining
28,289 visits/mo 0.2 miles
Safeway Groceries
23,582 visits/mo 0.3 miles
Dutch Bros. Coffee Dining
14,600 visits/mo 0.3 miles
Panera Bread Dining
8,273 visits/mo 0.3 miles
AMPM Shops & Services
7,895 visits/mo 0.2 miles

Demographics for 97333, OR

22,941
Population
10,604
Households
2.2
Avg Household Size
31
Median Age
58%
College-Educated
97%
High-School Grad
112.0 sq mi
ZIP Area
205
Density / Sq Mi
$64,581
Median Household Income
$28,800
Median Earnings
$1,360
Median Rent
$482,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Single-tenant retail building suited for owner-users with CB zoning and a nearby future Gordon Corvallis site.
Where is this retail space located?
The property is located at 233 SW 2nd St Corvallis, OR.
What is the asking price?
The asking price for this property is $2,648,505.
What are key features of this property?
This property features: 27,879 SF single‑tenant retail building suited for an owner‑user arrangement; Zoned CB, offering versatile usage options; Single unit configuration
More about this property
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