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Property profile & analytics
OFF-MARKET
Individual retail properties

316 2nd St Corvallis, OR 97333-4632

7,590 SF 0.05 ac lot Built 1913
Entity Owned Free & Clear
Property ID
US71-0470335
Property summary
AI-generated overview

This exceptional three-story building, totaling 7,590 square feet, presents a unique opportunity in Corvallis' vibrant downtown business district. Situated on a 0.06-acre lot at 316 SW 2nd Street (cross street: SW 2nd Street), this single-tenant property boasts a prime location, offering unparalleled visibility on two streets. Built in 1913, the building features high ceilings and ample parking with 41 spaces available for customers, including free 3-hour parking both in front and behind the building. The first floor has been fully remodeled and includes an ADA-compliant restroom. The second floor, previously used as office space, also offers an ADA-compliant restroom. Its proximity to the post office, museum, restaurants, and hotels ensures high foot traffic and convenient access for both employees and customers. The property is located in Benton County. The annual property taxes are $4,579.04 per square foot. Tenants are responsible for their own insurance. This is an exceptional opportunity for a business seeking a prominent location in a thriving downtown area. The building's versatile layout is suitable for a variety of retail or office uses. Contact us today to learn more about this remarkable property.

Property profile
Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1913
Total area 7,590 SF
Lot 0.05 ac (2,178 SF)
Zoning code CMU-3
APN 12502AB02500
UPID US71-0470335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yadda Yadda Design Co Department Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
BLACKLEDGE PROPERTY CO
BLACKLEDGE PROPERTY CO
Zoning & alternative use
CMU-3 · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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