Property summary
This newly constructed, 8,000-square-foot retail building in Corvallis, Oregon, presents a fantastic opportunity for businesses seeking a high-visibility location. Situated in a thriving business corridor near Oregon State University, the property boasts excellent access to major roads and public transportation, ensuring convenient commutes for employees and clients. The single-story building, constructed in 2023, features four suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 8,000 square feet. Currently, 4,000 square feet is available. Ample on-site parking with 16 spaces is provided for tenants and visitors. The property is zoned CMU-2 and offers flexible floor plans suitable for a variety of uses, including restaurants, retail shops, or professional services. Its prime location near Oregon State University and convenient access to amenities ensures high foot traffic and visibility. The building is professionally managed and well-maintained, providing a clean and professional environment for businesses to thrive. This Class B property offers a unique chance to establish a presence in a dynamic and growing area. The APN is 12504CD00200. Don't miss this chance to secure your ideal commercial space in Corvallis.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This zone is intended to form the commercial core of comprehensive neighborhoods as envisioned by the Comprehensive Plan, this zone is anticipated within Major Neighborhood Center Study Areas, although they can be approp…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CMU-2 · Corvallis, ORThis zone is intended to form the commercial core of comprehensive neighborhoods as envisioned by the Comprehensive Plan, this zone is anticipated within Major Neighborhood Center Study Areas, although they can be approp…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This zone is intended to form the commercial core of comprehensive neighborhoods as envisioned by the Comprehensive Plan, this zone is anticipated within Major Neighborhood Center Study Areas, although they can be approp…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CMU-2 in Corvallis, OR.
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Find the owner behind the property.
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