233 SW 2nd St
Corvallis, OR 97333
Retail Property For Sale

233 SW 2nd Street is one of the most compelling owner-user acquisition opportunities in the Corvallis market today. This historic, multi-story commercial building delivers 27,879 square feet across three floors and a basement on a 0.23-acre downtown lot zoned CB — Central Business, the city’s most permissive commercial designation. Currently owner-occupied as a furniture store and delivered vacant at closing, the building offers an owner-user the rare ability to establish a flagship presence in the heart of downtown Corvallis while leasing unoccupied floors to generate income that offsets ownership costs from day one. The property sits directly adjacent to The Gordon Corvallis; the largest mixed-use development in downtown Corvallis in decades, projected to open in 2027 with apartments, a hotel, restaurants, and street-level retail. It will become a catalyst that will fundamentally reshape the pedestrian environment and commercial demand on this exact block.