934 Kings Blvd Corvallis, OR 97330
- Retail properties
- 27,240 SF
Current Use by Public Records
- Retail properties
Property Details for 934 Kings Blvd
- Year built
- 1957
- Property size
- 27,240 SF
- Property type
- Retail properties
Description
This exceptional 27,240 square foot retail property, situated on a 1.94-acre lot, presents a unique investment opportunity. The single-story, Class C building, constructed in 1957, boasts three suites, with 8,784 square feet currently available for lease. The vacant space offers flexibility for various retail concepts, including a private office and stockroom. Its strategic location near Oregon State University and adjacent to Fred Meyer ensures high visibility and foot traffic, supported by a 13,066 ADT count. Ample on-site parking (70 spaces) and convenient public transit access further enhance its appeal. The property is zoned CMSC and features a cross street of Lincoln. The building has no elevators. The asking lease rate is $12.00 per square foot annually, NNN. The property's APN is 093439. This is a rare chance to acquire a well-positioned retail space in a thriving area with significant potential for growth and return on investment. The existing building provides a solid foundation for a variety of retail uses, capitalizing on the high traffic volume and proximity to a major university and established retailer. The substantial vacant space offers significant opportunity for customization and tenant improvements.
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
- -123.275
- Latitude
- 44.5767
