Rodeway Inn Willamette River

345 Northwest 2nd Street, Corvallis, OR 97330

  • For Sale $7,500,000
  • Property Type Other
  • Property Size 34,040 SF
  • Lot Size 0.96 Acre
  • Parking Spaces Avail. 72
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Date Updated Apr 9, 2024
The Rodeway Inn Corvallis is a comfortable and convenient accommodation located in the heart of Corvallis, Oregon. Nestled in the scenic Willamette Valley, this hotel offers a great base for both business and leisure travelers. The Rodeway Inn Corvallis is situated on a well-connected street, providing easy access to the surrounding area. It is conveniently located near the downtown district, making it ideal for exploring the vibrant city center. Various attractions, restaurants, shops, and entertainment options are within walking distance or a short drive away. If you're looking to explore the beautiful outdoors, the Rodeway Inn Corvallis is conveniently located near various natural attractions. The Willamette River, parks, and hiking trails are just a short distance away, allowing you to enjoy the scenic beauty of the region. Overall, the Rodeway Inn Corvallis provides a comfortable and convenient stay for visitors to Corvallis. Its central location, friendly service, and essential amenities make it a suitable choice for both short-term and extended stays in the area.The Rodeway Inn Willamette River offers a unique investment opportunity in Downtown Corvallis and home to the Oregon State University. The property includes a 63 unit, two story, interior corridor hotel building. The room types include four King size family suites with jetted spa baths, King single rooms, Queen single rooms, and Queen double rooms. A separate managers office building also includes a four bedroom, two bath managers apartment. In addition, there is a separate commercial building that houses the China Delight Restaurant and Lounge, a Corvallis fixture for more than two decades and six one bedroom, one bath apartment units above the restaurant and lounge. The hotel and restaurant can be acquired together or separately.

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Attachments

Highlights

  • Sixty-three hotel rooms
  • Four bedroom, two bath managers apartment
  • Restaurant with Six- One bedroom apartment units above
  • Close proximity to restaurants, brew pubs, and coffee shops
  • Adjacent to the Willamette Riverfront Park
  • Close to Oregon State University Campus
  • Rodeway Inn and Chine Delight Restaurant can be purchased together at a listing price of $8,900,000.00
  • Rodeway Inn can be acquired separately for $7,500,000.00 and China Delight for $1,400,000.00

Contacts

broker

Skip Rotticci, CCIM

Macadam Forbes

(503) 972-7284

Location

Getting Around

  • Walk Score ®

    81/100 Very Walkable
  • Transit Score ®

    41/100 Some Transit
  • Bike Score ®

    94/100 Biker's Paradise
Powered by Walk Score ®
  • City Corvallis, OR
  • Zip Code 97330
  • Market Eugene

Points of Interest

  • Albany

    8.88 miles

  • Arco

    0.09 miles

  • Chevron

    0.38 miles

  • Pacific Pride

    1.02 miles

  • BP

    1.05 miles

  • Fred Meyer

    1.08 miles

  • Chevron

    1.66 miles

  • Safeway

    2.68 miles

  • Arco

    8.41 miles

  • Shell

    8.43 miles

  • Chevron

    8.93 miles

  • Car Quest Parking Lot

    0.21 miles

  • Department of Human Services Parking Lot

    0.24 miles

  • Corvallis-Benton County Public Library

    0.30 miles

  • First United Methodist Church Parking

    0.57 miles

  • Methodist Church Parking

    0.63 miles

  • Demoss-Durdan Funeral Home parking lot

    0.66 miles

  • Phi Delta Theta Parking Lot

    0.68 miles

  • Coldwell Banker Valley Brokers parking lot

    0.69 miles

  • Car Parking

    0.72 miles

  • Valley Eye Care Parking Lot

    0.75 miles

  • Super 8

    0.08 miles

  • Holiday Inn Corvallis

    0.34 miles

  • Days Inn

    0.71 miles

  • Budget Inn

    1.10 miles

  • Hilton Garden Inn Corvallis

    1.17 miles

  • Best Western Grand Manor and Suites

    1.20 miles

  • Econo Lodge

    1.21 miles

  • Comfort Suites

    1.24 miles

  • Galaxie Motel

    5.21 miles

  • St. Francis

    8.81 miles

  • China Delight Restaurant & Lounge

    0.02 miles

  • Big River

    0.09 miles

  • McDonald's

    0.11 miles

  • Sky High Brewing

    0.11 miles

  • Laughing Planet

    0.13 miles

  • Panera Bread

    0.14 miles

  • Burger King

    0.14 miles

  • Natalia & Cristoforo's

    0.15 miles

  • Demaggio's Pizza

    0.16 miles

  • TacoVino

    0.16 miles

  • Linn-Benton Community College - Benton Center

    0.40 miles

  • Corvallis High School

    0.81 miles

  • Franklin School

    0.94 miles

  • Oregon State University

    1.05 miles

  • Oregon State University Historic District

    1.05 miles

  • Garfield Elementary School

    1.27 miles

  • Zion Lutheran School

    1.28 miles

  • College Hill High School

    1.49 miles

  • Linus Pauling Middle School

    1.49 miles

  • Lincoln Elementary School

    1.54 miles

  • Beaver Beginnings

    0.71 miles

Frequently Asked Questions

What is the lease rate for Rodeway Inn Willamette River?

Rental asking rate at Rodeway Inn Willamette River is $3,750,000.00/YR.

What is the total square footage of Rodeway Inn Willamette River?

Rodeway Inn Willamette River totals 34,040 square feet.

When was this property built?

Rodeway Inn Willamette River was built in 1980.

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Contact Listing Broker

broker

Skip Rotticci, CCIM

Macadam Forbes

(503) 972-7284