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1750 SW 3RD ST Corvallis OR 97333-1740

APN 12511BB00200

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Details
Property Type Industrial, Office
Sub Type Flex, Warehouse
Building SqFt 41,478
Lot SqFt 127,606
Acreage ******
Zoning Code MUE
Year Built 1997
Building Count 4
Opportunity Zone Yes
Lease Type ******
APN 12511BB00200
USPS Vacancy Indicator N
USPS Vacancy Indicator Date 05/01/2026
Latitude 44.548073
Longitude -123.266481
Tenant ******

Property History

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Property Type
Property Type
Industrial, Office, Retail
Property Subtype
Flex, R&D, Warehouse
Marketing Description

THE GARSKE GROUP OF MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET CORVALLIS MILLRACE, a versatile mixed-use property located in Corvallis, OR. This dynamic complex offers a blend of retail, office, and industrial spaces, built in 1973 and renovated in 1997. Spanning 41,478 square feet on a generous 2.95-acre lot, it provides ample room for diverse business operations. Recent improvements include a brand new roof installed on building 1750 in 2024, a three-year-old warrantied roof on building 1760, and a roof just under five years old on building 1780. Additionally, the parking lot has been recently redone, new gas packs have been installed on the roof of building 1750, and a wireless fire suppression system is being implemented to eliminate monthly phone line charges. A flood designation removal is also in progress, and a 10- year transferable warranty is available. Corvallis Millrace Center boasts an impressive roster of tenants, including prestigious institutions like Oregon State University, as well as established companies such as Ferrellgas and Kohler Design Corporation. Its strategic location near Oregon State University’s campus, home to over 37,000 students and 9,000 faculty and staff, ensures a steady flow of potential customers and employees. With 78 on-site parking spaces, multiple points of ingress and egress, and prominent signage, the center offers excellent visibility and accessibility for tenants and visitors alike. Building 1780 is further enhanced with a 3-phase 480 amp power supply. This prime positioning, combined with its flexible spaces and diverse tenant mix, makes Corvallis Millrace Center an attractive option for businesses looking to establish or expand their presence in the thriving Corvallis market.

Investment Highlights

Brand New Roof in 2024 and 2021

Low Vacancy Market for Industrial Flex Space

Highway Access and Visibility

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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MUE MixedMixed UseMixed Use Employment Zone
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View all 57 uses
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Listing removed on
 BY:
EG
Eric Garske
LIC: OR 201235586
•••.•••.4567
••••.••rske@•••••••••••••••.com
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