Downtown Corvallis Investment
345 Northwest 2nd Street, Corvallis, OR 97330
- Added:
- Nov 25, 2025
- Days on Market:
- 173
- Last Refresh:
- Apr 5 at 10:11 pm
Property Features for 345 Northwest 2nd Street
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Building Details
- Year Built
- 1980
Listing agent Skip Rotticci, CCIM License #OR #200204348 (503) 972-7284
Listing office Macadam Forbes (503) 972-7284
Listing date Nov 25, 2025
Source Macadamforbes
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
HighLights
- 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
- Includes a four‑bedroom, two‑bath manager's apartment
- Proximity to the Willamette Riverfront Park and other natural attractions
- Diverse room types, including family suites with jetted spa baths
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Rodeway Inn Willamette ...
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Corvallis
- County
- Benton
- State
- Oregon
- Longitude
- -123.258
- Latitude
- 44.5666
Nearby Similar for Sale
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 Street 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
