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510-544 SW 2nd St
Corvallis, OR 97333

$2,800,000 USD

Land For Sale  •  0.58 AC

Property Details

  • Property Type Land
  • Lot Size 0.58 AC
  • Zoning CMU-3
43 Transit Score
89 Walk Score

Description

Investors can take advantage of the property's incredible location, OZ designation and its long-term tax benefits. With the newly proposed waterfront development and the adjacent new museum, event venue, and hotel, the area is poised for growth and development. The new mixed-use, high-density zoning with no parking restrictions offer flexibility and possibilities for high-density mixed-use, multifamily, office, and retail developments. The property is ideally situated within Corvallis's Central Business District, home to a diverse mix of businesses, restaurants, and retail establishments and adjacent to Oregon State University, a major economic driver for the region

Highlights

For-Sale or For-Lease, Income Producing Property
New MU-3 High-Density Zoning & No Parking Requirement
Seller Financing Available
Could Work Larger to Include Adjacent Properties
Newly Rezoned (CMU-3) with Permitted Uses Include Mixed-Use, Multi-Family, Office, Retail

Property Flyers

Brian Yank 503-200-2042 Marcus & Millichap
Brian Yank 503-200-2042 Marcus & Millichap