Mixed-Use Commercial
For Sale
$4,990,000
1750 SW 3rd St, Corvallis, OR 97333
Mixed-use complex offering retail, office, and industrial spaces with multiple buildings and on-site parking.
Property Size41,478 SF
Lot Size2.95 Acres
Price / SF$120.30
Days on Market123
Property Features for 1750 SW 3rd St
General Information
Standard status
Active
Size
41,478 SF
Total Parking Spaces
78
Lot size
2.95 Acres
Property subtype
Mixed-Use
Additional Details
Heavy Power
Yes
Amenities
signage
multiple points of ingress and egress
Strategically near Oregon State University, home to 37,000+ students and 9,000 staff, the property attracts steady customers and employees, ensuring strong demand for retail, office, and industrial.
With tenants like Oregon State University, Ferrellgas, and Kohler Design, the property boasts a strong mix of institutions and businesses, ensuring broad market appeal and stable income potential.
Corvallis Millrace spans 41,478 SF on 2.95 acres, offering flexible spaces, 78 parking spots, multiple access points, prominent signage, and 3-phase 480 amp power—an ideal investment in Corvallis.
Corvallis Millrace has seen major upgrades, including new roofs (2024 on 1750, plus newer roofs on 1760 and 1780), a redone parking lot, new gas packs, and a wireless fire suppression system. A flood designation removal is in progress, backed by a 10-year transferable warranty.
Building Details
Building Size
41,478 SF
Year Built
1973
Year Renovated
1997
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Portland
Listed By:
Eric Garske · License #License(s): OR: 201235586, ID: SP57407
(503) 200-2031
Source:
Marcusmillichap
Added: May 8
Changed: Sep 6
Last Checked: Sep 6 at 3:49AM
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 Marcus & Millichap - Portland
Investment Insights
Based on property information with market context.
Corvallis Millrace Center is a mixed-use commercial complex built in 1973 and renovated in 1997, providing a combination of retail, office, and industrial space across multiple buildings. The property includes recent and ongoing building improvements, including roof work on buildings 1750, 1760, and 1780, along with gas pack installations on building 1750. A wireless fire suppression system is being implemented to eliminate monthly phone line charges, and a flood designation removal is in progress. A 10-year transferable warranty is available.
The center is located near Oregon State University’s campus and includes 78 on-site parking spaces, with multiple points of ingress and egress. Building 1780 is supported by a 3-phase 480 amp power supply.
The offering also features a diverse tenant roster, including Oregon State University as well as established companies such as Acute Engineering and Kohler Design Corporation.
The center is located near Oregon State University’s campus and includes 78 on-site parking spaces, with multiple points of ingress and egress. Building 1780 is supported by a 3-phase 480 amp power supply.
The offering also features a diverse tenant roster, including Oregon State University as well as established companies such as Acute Engineering and Kohler Design Corporation.
Key Highlights
- Mixed‑use complex built in 1973 with renovated improvements completed in 1997, offering retail, office, and industrial space.
- 41,478 SF on a 2.95‑acre lot across multiple buildings (1750, 1760, and 1780).
- Roof upgrades: 2024 brand‑new roof on building 1750; three‑year‑old warrantied roof on 1760; just under 5 years old roof on 1780.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
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 Industrial in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use complex offering retail, office, and industrial spaces with multiple buildings and on-site parking.
Where is this mixed-use property located?
The property is located at 1750 SW 3rd St Corvallis, OR.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: Mixed‑use complex built in 1973 with renovated improvements completed in 1997, offering retail, office, and industrial space.; 41,478 SF on a 2.95‑acre lot across multiple buildings (1750, 1760, and 1780).; Roof upgrades: 2024 brand‑new roof on building 1750; three‑year‑old warrantied roof on 1760; just under 5 years old roof on 1780.
