Rodeway Inn Willamette River

For Sale

345 Northwest 2nd Street, Corvallis, OR 97330

This Corvallis property for sale is located at 345 Northwest 2nd Street. The current listed sale price for Rodeway Inn Willamette River is $7,500,000. Rodeway Inn Willamette River is situated on a lot that is 0.96 acre in size.

Contacts

broker
Skip Rotticci, CCIM

Macadam Forbes

Property Details

  • 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 Feb 21, 2025
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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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

Getting around

  • 81/100

    Walk Score ®

  • 41/100

    Transit Score ®

  • 94/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Corvallis, OR
  • Zip Code 97330
  • Market Eugene

Points of Interest

  • Albany

    8.85 miles

  • Towne Pump

    0.08 miles

  • Clipper Creek

    0.32 miles

  • ChargePoint

    0.41 miles

  • OSU - 15th & Jefferson Way Lot

    0.70 miles

  • BP

    1.05 miles

  • Fred Meyer

    1.07 miles

  • Blink

    1.49 miles

  • Chargepoint

    1.55 miles

  • Chevron

    1.66 miles

  • Safeway

    2.68 miles

  • Car Quest Parking Lot

    0.21 miles

  • Department of Human Services Parking Lot

    0.24 miles

  • Corvallis-Benton County Public Library

    0.31 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

  • Rodeway Inn

    0.00 miles

  • Super 8

    0.08 miles

  • Holiday Inn Corvallis

    0.34 miles

  • Hotel Corvallis

    0.40 miles

  • Courtyard Corvallis

    0.43 miles

  • Days Inn

    0.72 miles

  • Fillmore Inn

    1.12 miles

  • Hilton Garden Inn Corvallis

    1.17 miles

  • Best Western Grand Manor and Suites

    1.20 miles

  • Econo Lodge

    1.20 miles

  • Safeway

    0.45 miles

  • Cannary Mall

    0.47 miles

  • Fred Meyer

    1.02 miles

  • Trader Joe's

    1.08 miles

  • TJ Maxx

    1.11 miles

  • HK Asian Market

    1.13 miles

  • Grocery Outlet

    1.26 miles

  • Grocery Depot

    1.36 miles

  • Walmart Neighborhood Market

    1.43 miles

  • Market of Choice

    1.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Skip Rotticci, CCIM

Macadam Forbes

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