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mailto:tdmorgan@teleport.com

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   <META NAME="Author" CONTENT="Thomas Morgan">
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   <META NAME="Description" CONTENT="An excellent deal!">
   <TITLE>Due to Relocation, this Corvallis Commercial Property Must be Sold!</TITLE>
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<CENTER><B><FONT COLOR="#333333"><FONT SIZE=+2>FOR SALE OR LEASE WITH OPTION
TO BUY</FONT></B></CENTER>

<CENTER><B><FONT COLOR="#0000A0"><FONT SIZE=+1></FONT></FONT></B></CENTER>

<CENTER><B><FONT COLOR="#0000A0"><FONT SIZE=+1>Downtown Property: 202-236
SW Fifth Street, Corvallis, Oregon</FONT></FONT></B></CENTER>


<P><B><FONT COLOR="#0000A0">This property includes an historic home, circa 1900 with 1,450
sq. ft. +/- (not incl. full basement) with an attached, two-bedroom apartment
that has 1,200 sq. ft. +/- and a small, 420 sq. ft. +/- concrete retail building.&nbsp; The zoning is CB (Central Business District) and can be used
for virtually any type of business.</FONT></B>

<P><B><FONT COLOR="#66FF99"><FONT SIZE=+1>DRIVE BY AND TAKE A LOOK!&nbsp;
Please do not disturb the current tenants.</FONT></FONT></B>

<P><B><FONT COLOR="#0000A0">Lease Payment for the house and the retail
building (1,870 sq. ft. +/-) would be only $1,300 per month, which equates
to only $.70 per sq. ft.!&nbsp; Taxes and fire insurance are paid, leaving
only the utilities and garbage expense, which equates to a total of roughly
$.75 per sq. ft., FULL SERVICE!&nbsp; This space includes some off-street
parking.</FONT></B>

<P><B><FONT COLOR="#0000A0">The apartment behind the house is currently
used as an office for a high-tech start-up that has been in business since
1995.&nbsp; Income is roughly $620 per month with taxes paid by the landlord.&nbsp;
The house is currently used as a residence and the concrete retail buiding
is vacant.</FONT></B>

<P><B><FONT COLOR="#0000A0">The property is currently under a Land Sales
Contract over 40 years at 10.40 percent.&nbsp; The contract is assumable
with a small downpayment.</FONT></B><B><FONT COLOR="#0000A0"></FONT></B>

<P><B><FONT COLOR="#0000A0">Whether you are interested in leasing or eventually
being able to purchase a historic property in downtown Corvallis, seriously
look at this proprerty.</FONT></B><B><FONT COLOR="#0000A0"></FONT></B>

<P><B><FONT COLOR="#0000A0">Thomas D. Morgan</FONT></B>
<BR><B><FONT COLOR="#0000A0">Morgan Real Estate LLC</FONT></B>
<BR><B><FONT COLOR="#0000A0">PO Box 2553</FONT></B>
<BR><B><FONT COLOR="#0000A0">Corvallis, Oregon&nbsp; 97339</FONT></B>
<BR><B><FONT COLOR="#0000A0">(541) 757-1108</FONT></B>

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<CENTER><B><I><FONT COLOR="#CCFFFF">Here is the floorplan of the house.</FONT></I></B></CENTER>

<CENTER><IMG SRC="floorplan.jpg" HSPACE=3 VSPACE=3 BORDER=2 HEIGHT=369 WIDTH=601></CENTER>
&nbsp;

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<CENTER><A HREF="mailto:tdmorgan@teleport.com"><IMG SRC="brief.gif" ALT="e-mail icon" BORDER=0 HEIGHT=68 WIDTH=68 ALIGN=CENTER></A><FONT SIZE=-1><A HREF="mailto:tdmorgan@teleport.com">tdmorgan@teleport.com</A></FONT></CENTER>

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