Log In/Sign Up
Your email has been sent.
518 SW 3rd St 3,060 SF Office Building Corvallis, OR 97333 $610,000 ($199.35/SF) 6.53% Cap Rate
Investment Highlights
- High traffic exposure
- Dedicated Parking
- Great Signage
Executive Summary
Ideally located multi-tenant office in the heart of downtown. 4 dedicated parking spots in the rear of the building. High visibility location with great signage translates to a prime investment opportunity or a home for your business, allowing owner user to take over half of square footage for SBA lending purposes. Possible seller carry or shot term sale lease back. In a part of Corvallis primed for re-development.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
3,060 SF
Building Class
B
Year Built
1915
Price
$610,000
Price Per SF
$199.35
Cap Rate
6.53%
NOI
$39,833
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,530 SF
Building FAR
0.59
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
CMU-3 - Corvallis Mixed Use 3
Parking
3 Spaces (0.98 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (100)
Property Taxes
| Parcel Number | 137699 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $209,511 |
Property Taxes
Parcel Number
137699
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$209,511
1 of 20
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
518 SW 3rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.