Corvallis, OR 97330
- Office Properties & Spaces
- 7,721 SF
- 0.47 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details
- Lot size
- 0.47 lot acres
- Property size
- 7,721 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 7,721 square foot office building presents a unique investment and owner-user opportunity in Corvallis, Oregon. Situated on a highly visible, high-traffic artery, this three-tenant property offers immediate income generation from existing leases, mitigating ownership costs. Suite 100, a substantial 3,411 square foot end-cap space (44% of the building), is soon to become available, ideal for an owner-occupier. The building's layout is versatile and includes at least eight individual offices, a conference room, a waiting area, and a large, divisible area with a sink – easily adaptable to various business needs. A convenient break room/kitchenette is also included. The property sits on a 0.47-acre lot, providing ample space and visibility. The existing tenants provide a stable income stream, while the available space offers significant potential for expansion or customization. This property is offered for sale at $1,999,000, and additional space is also available for lease. This is a rare opportunity to acquire a well-located, income-producing office building with significant owner-user potential in a thriving Corvallis market. The combination of existing tenants and available space makes this an attractive proposition for both investors and businesses seeking a prominent location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corvallis
- County
- Benton
- State
- Oregon
- Longitude
- -123.267
- Latitude
- 44.5663
