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34465990
34465992

601 Southwest Western Boulevard, Corvallis, OR 97333 For Sale

AM
OR 201245596
John L. Scott Real Estate Salem
Listed by John L. Scott Real Estate Salem
$2,900,000
1 day on market
Updated 1 day ago

601 Southwest Western Boulevard

Details
Property Type Retail, Mixed Use (+1)
Sub Type Shopping Center, Residential (+1)
Square Footage 13,042
Net Rentable (SqFt) 13,042
Units 2
Class C
Year Built 1940
Year Renovated 1992
Buildings 2
Lot Size (SqFt) 27,442
Zoning MU-CS
Investment Type Redevelopment
Ground Lease No

Rare Development Opportunity Near OSU & Downtown

Marketing description

Rare development opportunity for 3 contiguous MUCS-zoned, rail-fed lots between OSU and downtown.

Lots total over 27,000 SF, and hold two retail warehouse structures, and an unassigned address parcel pad.

Perfect development opportunity with carte blanche zoning to support a variety of income-producing assets.

MUCS stands for Mixed Use Community Shopping. This zoning designation supports pedestrian-friendly, human-scale environments by blending retail, personal services, and residential uses.

Key locational criteria and development standards for the MUCS zone include:

  • Location Requirements: MUCS zones must have at least 50 feet of frontage along a Collector or Arterial Street. Additionally, zones must be within 1/4 mile of existing/planned transit service or specifically designated for neighborhood services.
  • Allowed Uses: Accommodates a mix of pedestrian-oriented retail, commercial, personal services, and multifamily dwellings to serve surrounding neighborhoods.
  • Exemptions: MUCS properties are exempt from the double-row street tree requirement that applies to some other zones, streamlining certain street improvement requirements.

Both buildings are business-occupied, do not disturb tenants, operators, or customers.

Call LA for more information.

Investment highlights

Carte Blanche MUCS Zoning

Three Rail-fed, Contiguous Lots

Intersection of OSU and Downtown Districts

Listing Contacts

AM
OR 201245596
John L. Scott Real Estate Salem
Listed by John L. Scott Real Estate Salem

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Additional Information

Name
Alex McCarthy
License
201245596
Brokerage
John L. Scott Salem
Brokerage Phone
5035850100
Title
Principal Broker
Brokerage Address
725 Commercial Street Southeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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