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Property profile & analytics

320 2Nd St Corvallis, OR 97333

  • Individual retail properties
  • 4,368 SF
  • 0.05 lot acres
Value Estimation
Location Intelligence
Property ID
US71-0477102
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Individual retail properties

Property Details for 320 2Nd St

Year built
1924
Lot size
0.05 lot acres
Property size
4,368 SF
Zone code
CMU-3
Property type
Individual retail properties
APN
12502AB02400
APU
12502AB02400

Description

This exceptional 4,696 square foot retail space, situated at 320 SW 2nd Street in Corvallis, Oregon, presents a unique investment opportunity. Built in 1924 and boasting three stories, this single-tenant property offers a fully remodeled interior with a spectacular high-ceiling entry. The layout includes 2,518 square feet on the first floor, 1,250 square feet on the second floor, 400 square feet on a lower level, and a 500 square foot mezzanine. The property benefits from forced air heating and cooling, and two ADA-compliant restrooms. Its prominent location provides excellent visibility on SW 2nd and 3rd Streets, placing it within half a block of the post office, museum, restaurants, hotels, and shopping. Ample parking is available with 41 spaces, including three hours of free customer parking both in front and behind the building. The property sits on a 0.06-acre lot and the annual property taxes are $4,100.63 per square foot. The previous rent was $2,350 per month before taxes. This versatile space is ideal for a variety of uses, including a gym, personal training studio, massage therapy center, or medical spa. The property's prime location and attractive features make it an excellent investment opportunity in the thriving Corvallis market.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Corvallis
County
Benton
State
Oregon
Longitude
-123.261
Latitude
44.5617
CBSA code
18700
CBSA name
CORVALLIS, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,101
$0.00
$0.00
$213,498
-
$171,336
$225,842
$397,178
More about this property
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