233 SW 2nd St

233 SW 2nd St, Corvallis, OR 97333

Property Information

  • For Sale $2,648,505
  • Property Type Retail
  • Property Size 27,879 SF
  • Units 1
  • Property Tenancy Single Tenant
  • Date Updated Jun 3, 2026

Description

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.Presenting 233 SW 2nd St, an exceptional property tailor-made for discerning retail and specialty center investors. Boasting an expansive 27,879 SF building, this premier space offers an unparalleled owner/user opportunity with potential for a distinctive retail experience. Strategically located next to the future home of Gordon Corvallis, projected to open in 2027, it presents a prime position for businesses to thrive. Zoned CB for versatile usage and featuring a single unit configuration, this property is ideally suited for those seeking a prominent location in the bustling Corvallis area. This is an extraordinary chance to establish an enduring retail presence in a dynamic market.

Highlights

  • 27,879 SF building
  • Ideal for retail or specialty center
  • Next to future home of Gordon Corvallis (projected opening 2027)
  • Owner/User opportunity
  • Prominent location in Corvallis area
  • Single unit configuration
  • Zoned CB for versatile usage

Contacts

Carl Grending

SVN | Imbrie Realty

Location

Contact Listing Broker
Carl Grending

SVN | Imbrie Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.