934 Kings BlvdCorvallis, OR 97330

Property Details for 934 Kings Blvd

Year built

1957

Property size (Sq ft)

27,240 SF

Property type

Retail properties

Description

This exceptional 27,240 square foot retail property, situated on a 1.94-acre lot, presents a unique investment opportunity. The single-story, Class C building, constructed in 1957, boasts three suites, with 8,784 square feet currently available for lease. The vacant space offers flexibility for various retail concepts, including a private office and stockroom. Its strategic location near Oregon State University and adjacent to Fred Meyer ensures high visibility and foot traffic, supported by a 13,066 ADT count. Ample on-site parking (70 spaces) and convenient public transit access further enhance its appeal. The property is zoned CMSC and features a cross street of Lincoln. The building has no elevators. The asking lease rate is $12.00 per square foot annually, NNN. The property's APN is 093439. This is a rare chance to acquire a well-positioned retail space in a thriving area with significant potential for growth and return on investment. The existing building provides a solid foundation for a variety of retail uses, capitalizing on the high traffic volume and proximity to a major university and established retailer. The substantial vacant space offers significant opportunity for customization and tenant improvements.

Location Insight

City

Corvallis

County

Benton

State

Oregon

Latitude

44.5767

Longitude

-123.275

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