Rare mixed-use investment or owner-user opportunity in one of Corvallis' most established commercial corridors. Situated on a highly visible corner within the City's designated Major Neighborhood Center, this property features two well-maintained buildings totaling 7,476 SF on a 0.43-acre lot zoned PA-O. The asset includes three professional office suites and five apartment units, creating a balanced income stream with approximately 60% commercial and 40% residential revenue. Long-term commercial tenants provide stable occupancy, while the apartment units offer potential for future rent growth. Extensive capital improvements exceeding $150,000 have been completed in recent years, including a new roof, HVAC systems, insulation upgrades, apartment renovations, exterior paint, and other building improvements. Ample parking, strong street exposure, and a proven operating history make this a compelling opportunity for investors seeking diversified income or owner-users looking to offset occupancy costs with established rental revenue. Conveniently located near major retailers, medical services, and residential neighborhoods in northwest Corvallis.
999 NW Circle BLVD
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