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  1. Commercial Properties
  2. OR
  3. Corvallis

Rodeway Inn Willamette River

For Sale

345 Northwest 2nd Street, Corvallis, OR 97330

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.

Key features

  • 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

Building Details

  • For Sale $7,500,000
  • Property Type Other
  • Property Size 34,040 SF
  • Lot Size 0.96 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 72
  • Property Tenancy Multi-Tenant
  • Year Built 1980
  • Date Updated Oct 28, 2026
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Contacts

broker
Skip Rotticci, CCIM

Macadam Forbes

Location

  • City Corvallis, OR
  • Zip Code 97330
  • Market Eugene
  • Map
  • Street
  • Walk score 81/100 Very Walkable
  • Transit score 41/100 Some Transit
  • Bike score 91/100 Biker's Paradise
Powered by Walk Score ®

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

Enterprise

0.98 miles

D&D Self Service Car Wash

1.11 miles

Hertz

1.26 miles

Splish Splash Express

1.33 miles

Four Seasons

8.23 miles

Four Seasons Car Wash

8.46 miles

China Delight Restaurant & Lounge

0.02 miles

Sky High Brewing

0.11 miles

McDonald's

0.11 miles

Murphy's

0.12 miles

Laughing Planet

0.13 miles

Panera Bread

0.14 miles

Sada Sushi & Izakaya

0.15 miles

Natalia & Cristoforo's

0.15 miles

TacoVino

0.16 miles

Thai Home Kitchen

0.16 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

Corvallis Fire Station #1

0.18 miles

Corvallis Police Department

0.25 miles

Benton County Sheriff

0.27 miles

Samaritan Pediatrics

0.46 miles

Samaritan Physical Rehabilitation Specialists - Corvallis

0.50 miles

SamCare Express

1.20 miles

Samaritan Athletic Medicine Center

1.38 miles

Walmart Pharmacy

1.43 miles

Rite Aid

1.54 miles

Pet Pharmacy

1.56 miles

Listing Summary

  • Property Financials

    345 Northwest 2nd Street is currently listed for sale at $7,500,000 for a price per square foot of $220.33.

  • Property Details

    345 Northwest 2nd Street totals 34,040 square feet of Mixed Use space on a lot spanning 0.96 acres. The property was initially built in 1980.

    Tenancy at 345 Northwest 2nd Street is listed as Multi-Tenant. There are a total of 72 parking spaces available onsite.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 81, indicating that it is very walkable.

Contact Skip Rotticci, CCIM
broker
Skip Rotticci, CCIM

Macadam Forbes

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