1318 NW 9th St
Corvallis OR 97330

9th St Retail Strip

1318 NW 9th St Corvallis OR 97330

Listing #: 713030 | Status: Available | Last Modified: 6/4/2026 |

For Sale
Clayton Brown
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,600,000.0
  • $/SF$ 207.2
  • Listing StatusAvailable
  • Days on Market52
  • Asset ClassRetail
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income0
  • Vacancy Factor %0.00%
  • Operating Expenses0
  • Net Operating Income0
  • CAP Rate 4.92 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Retail Asset Class Info
  • Crane Count
  • Crane Tonnage0
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Second Road Front
  • Grade Level Door Count
  • Tennant Improvement Allowance
Building Information
  • Building StatusExisting
  • # of Buildings1
  • # of Floors1
  • # of Units3
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF7721
  • Net Rentable Area7721
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF20111
  • Acres0.46
Property Type
  • Property TypeRetail
  • Office Type
  • Building ClassC
Location
  • CountyBenton
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaNot Assigned
  • Tax ID #11526DC02900
  • Additional Parcels
  • ZoningCMU-2
Construction
  • Year Built1998
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction TypeFramed

9th St Retail Strip

Public Comments

We have been selected to exclusively market for sale the 9th Steet Retail Strip in Corvallis, OR, an owner/user or value-add opportunity. The property features a 7,721 SF building, currently 56% occupied by two tenants, with one vacant suite. An owner/user has the opportunity to occupy the vacant suite and collect income from the other tenants or a value-add opportunity investor can lease the vacant suite at market rents (+/- $22/SF NNN) and convert the other tenants to full NNN leases to achieve a pro-forma cap rate in excess of 11.5%. Offered at $207/SF, the property is priced well below replacement cost. Fronting NW 9th Street with visibility to 28,000+ VPD, pylon signage, and easy ingress/egress, the property sits within Corvallis's primary retail corridor surrounded by national tenant

Listing Images