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Freestanding Restaurant and Bar

325 NW 2ND St, Corvallis, OR 97330

For Sale
$225,000

CommercialSale, Corvallis, OR

Property Size7,840 SF
Lot Size0.11 Acres
Price / SF$28.70
Days on Market49

Property Features for 325 NW 2ND St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Directions NW 2nd St and NW Van Buren Ave
Subdivision _220
Standard status Active
APN 122782
Size 7,840 SF
Lot size 0.11 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Description LOT:8 BLOCK:2 DIXONS
Legal Description LOT:8 BLOCK:2 DIXONS

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1979
Floors in Building 2
Roof type Built-Up, Flat
Listing Agency: MORE Realty
Listed By: Simon Wong · License #OR 199910117
Added: Sep 22 Changed: Nov 9 Last Checked: Nov 9 at 4:06AM
MLS# 282896777

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This business sale includes a freestanding restaurant and bar operating in a two-story building. The main level provides about 3,920 sf for restaurant, kitchen, and bar functions, with approximately 120 seats, a front dining area, and a sunroom configured for private parties. The operation also includes 6 poker machines and on-site parking.

The upper level adds another 3,920 sf of storage and 5 separate units, each with a bedroom and a bath equipped with a shower/tub. Established in 1996, the business is located about 6 minutes from OSU. The lease includes property tax and CAM, while the tenant pays insurance and utilities. Sale is for the business only; real estate is not included.

Key Highlights

  • Freestanding restaurant and bar business with about 120 seats
  • 6 poker machines and on‑site parking
  • Main floor includes about 3,920 sf for restaurant, kitchen, and bar

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,110
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 48% Shops & Services 24% Groceries 19% Hotels & Casinos 5%
McDonald's Dining
28,289 visits/mo 0.1 miles
Safeway Groceries
23,582 visits/mo 0.4 miles
Dutch Bros. Coffee Dining
14,600 visits/mo 0.2 miles
Panera Bread Dining
8,273 visits/mo 0.1 miles
AMPM Shops & Services
7,895 visits/mo 0.0 miles

Demographics for 97330, OR

43,947
Population
19,957
Households
2.2
Avg Household Size
33
Median Age
60%
College-Educated
96%
High-School Grad
78.0 sq mi
ZIP Area
563
Density / Sq Mi
$69,127
Median Household Income
$28,966
Median Earnings
$1,339
Median Rent
$495,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-story restaurant business with dining, banquet, kitchen, bar, storage, and residential-style rooms above.
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 $225,000.
What are key features of this property?
This property features: Freestanding restaurant and bar business with about 120 seats; 6 poker machines and on‑site parking; Main floor includes about 3,920 sf for restaurant, kitchen, and bar
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