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Property profile & analytics
OFF-MARKET
Office Spaces

812 4th St Corvallis, OR 97330-6203

2,016 SF 0.07 ac lot Built 1928
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-0802019
Property summary
AI-generated overview

This exceptional 2,040 square foot office space, located at 812 SW 4th St, Corvallis, offers a unique blend of historic charm and modern functionality. Built in 1926, this single-tenant building features a traditional office layout spread across two stories. The main floor includes one office, while two additional rooms are situated upstairs. A full bath and kitchen are conveniently located within the space. Adding to its versatility, an unfinished basement provides ample potential for expansion or storage. The property includes four parking spaces in a shared private lot, a significant advantage in a bustling area. Zoned CMU-3 in Benton County, this property is ideally situated just 1.7 miles from Oregon State University and 1.3 miles from downtown Corvallis, providing excellent access to a vibrant community and a large potential customer base. The monthly rent is $3,500, and lease terms are negotiable. Utilities are the responsibility of the tenant. This property presents a compelling opportunity for a variety of office or service-based businesses, and the potential for conversion to commercial space with living quarters adds further appeal. The building's convenient location and versatile layout make it an attractive option for businesses seeking a prominent presence in Corvallis.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1928
Total area 2,016 SF
Lot 0.07 ac (3,049 SF)
Zoning code GC
APN 11535AC00600
UPID US71-0802019
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Your House LLC · 1 yrs held
Your House LLC
since 2024
3 recorded transactions
2024
Price N/A
2010
$120,000
1997
$210,000
Zoning & alternative use
GC · Corvallis, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

It is intended to provide areas for those commercial and related services and businesses that generally require extensive outside storage, are not Retail or Office Uses, or have characteristics with less pedestrian orientation than other commercial zones

Zone name General Commercial Zone
General category COMMERCIAL
Zone area 39.43 ac
Source Realmo
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