5500 Philomath Blvd Corvallis, OR 97333-1037
This exceptional 1,500 square foot retail space, part of a larger 6,060 square foot building at 5500 Philomath Blvd, Corvallis, OR 97333, presents a unique opportunity. Located in a high-traffic area near a busy intersection, this Class A property boasts desirable features including 13-foot ceilings, 240 AMP 3-phase power, and ample parking. The space is currently vacant and offers flexibility for various uses, such as a deli, restaurant, retail shop, or contractor's office. The layout includes two large rooms and a restroom. The property sits on 1.29 acres of land and is zoned CMU2. Built in 1954, this single-story building offers excellent signage opportunities. Join existing tenants Oregon Pound Jiu Jitsu and Unique Mart C Store in this thriving commercial area. The property's APN is 149348, and it's located in Benton County. The minimum divisible space is 1,500 square feet, with a maximum contiguous space also at 1,500 square feet. Potential for gated storage is also available. This is an ideal location for a business seeking high visibility and convenient access.
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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-2 · Corvallis, ORCorvallis. Always verify with local authorities before improvements.
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.