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Restaurant with Residential Income Potential
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325 NW 2nd St, Corvallis, OR

Established restaurant with six apartments for storage or residential use.

Property Size6,940 SF
Lot Size0.12 Acres
Price / SF$201.73
Days on Market1101

Property Features for 325 NW 2nd St

General Information

Standard status Active
Size 6,940 SF
Lot size 0.12 Acres
Property subtype RETAIL
Listing Agency: Macadam Forbes
Listed By: Skip Rotticci · License #200204348
Source: Moodyscre
Added: Jul 26, 2023 Changed: Jul 6 Last Checked: Jul 21 at 4:52AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

China Delight Restaurant ... Restaurant

Suggested Use

Top Pick Electrical Service Storage Facility HVAC Service Big Box & Wholesale Store Veterinary Clinic Catering Service

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

Location Intelligence

Trade Area within ½ mile

2,110
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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) 972-7284 Call to check price and availability
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