Rodeway Inn Willamette River

345 Northwest 2nd Street, Corvallis, OR 97330

Property Information

  • 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 Aug 16, 2026

Description

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.

Highlights

  • Adjacent to the Willamette Riverfront Park
  • Close proximity to restaurants, brew pubs, and coffee shops
  • Close to Oregon State University Campus
  • Four bedroom, two bath managers apartment
  • Restaurant with Six- One bedroom apartment units above
  • 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
  • Sixty-three hotel rooms

Contacts

Location

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