316 2nd St Corvallis, OR 97333-4632
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.
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Yadda Yadda Design Co Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMU-3 · Corvallis, ORCorvallis. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.