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Downtown Corvallis Commercial Building For Sale
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334 SW 2nd St, Corvallis, OR 97333

Four-story retail building in downtown Corvallis, excellent investment opportunity.

Property Size20,992 SF
Price / SF$47.40
Days on Market746

Property Features for 334 SW 2nd St

General Information

Standard status Active
Size 20,992 SF
Property subtype Retail, Office

Building Details

Stories 4
Listing Agency: Blackledge Property Company
Listed By: Contact 503.639.6868 · License #OR
Source: Crexi
Added: Aug 5, 2024 Changed: Aug 8 Last Checked: Aug 19 at 3:42PM

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 Blackledge Property Company

Investment Insights

Based on property information with market context.

Located in downtown Corvallis, Oregon, this four-story commercial building, formerly the Gibbs Furniture Store, offers an investment opportunity in a Qualified Opportunity Zone. The building features a total of 20,992 square feet of exterior space. Customer parking is available in front and back of the building, with free three-hour parking in front. Back parking will remain free. The property is situated half a block from the post office, museum, dining, and shopping. This location offers accessibility within Corvallis' downtown business district.

Key Highlights

  • Prime downtown Corvallis location in the heart of the business district, close to amenities.
  • Substantial 20,992 sq ft four‑story commercial building.
  • Located in a Qualified Opportunity Zone, offering potential tax benefits.

Property Analytics

Current Use

Storefront properties

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,930
Businesses Nearby
Under-served
Demand for This Use

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Four-story retail building in downtown Corvallis, excellent investment opportunity.
Where is this storefront property located?
The property is located at 334 SW 2nd St Corvallis, OR.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime downtown Corvallis location in the heart of the business district, close to amenities.; Substantial 20,992 sq ft four‑story commercial building.; Located in a Qualified Opportunity Zone, offering potential tax benefits.
More about this property
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