812 4th St Corvallis, OR 97330-6203
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.
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
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
GC · Corvallis, ORIt 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
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.