Highway 99 Corvallis, OR 97330
- Investment properties
- 6,400 SF
Current Use by Public Records
- Investment properties
Property Details for Highway 99
- Property size
- 6,400 SF
- Property type
- Investment properties
Description
This unique commercial property presents a compelling investment opportunity in Corvallis, Oregon. Located on NW Highway 99, this 1.32-acre lot boasts high traffic visibility and is zoned Rural Commercial with an overlay permitting a skating rink and dance hall, among other possibilities. The existing 6,400 square foot building offers significant potential for redevelopment or repurposing. The building features a matching 6,400 square foot unfinished basement, providing ample space for expansion or storage. The property's previous use as a roller-skating rink provides a solid foundation for a variety of businesses. A significant upgrade was completed in 2023 with the installation of a brand-new commercial roof. The property is conveniently located just five minutes from downtown Corvallis, offering easy access to amenities and a thriving community. Note that the property shares a well and is being sold "As Is." Bring your vision and entrepreneurial spirit to transform this property into a thriving business. The seller is open to considering carry financing, making this an even more attractive proposition for qualified buyers. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential. Don't miss this opportunity to own a piece of Corvallis's vibrant commercial landscape.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corvallis
- County
- Benton
- State
- Oregon
- Longitude
- -123.257
- Latitude
- 44.5764
