HWY 99W
Monroe, OR, 97456 $ 245,000
Baths0.0 Monthly Estimate*
$ 1,547
Studio for $245,000. The lot size is 2.03.
Exceptional commercial development opportunity in the heart of Monroe, Oregon! This rare 2.03-acre commercial property consists of four tax lots and offers outstanding frontage along Highway 99W, providing exceptional visibility for the hundreds of vehicles traveling this major north-south corridor each day between Eugene, Junction City, and Corvallis.One of the property's most distinctive features is its beautiful Long Tom River frontage, creating a unique blend of commercial potential and a peaceful waterfront setting rarely found in today's market. Fully fenced and surrounded by established businesses, this prime location is anchored by Dollar General, Long Timber Brewing Company, local restaurants, and other thriving businesses that draw consistent traffic through the community. Whether you're envisioning professional or medical offices, a senior living or memory care facility, retail space, restaurant, mixed-use development, or another commercial venture, this highly visible site offers the flexibility, accessibility, and location to bring your vision to life. Employees and customers will appreciate the walkable proximity to shopping, dining, and everyday amenities. Conveniently located less than 20 minutes from Corvallis, approximately 30 minutes from Eugene, and just 10 minutes from Junction City, Monroe continues to experience steady growth while serving as an important hub within the southern Willamette Valley. The area's strong workforce, strategic location, and excellent highway access make this an outstanding investment opportunity for developers, business owners, and investors alike.Commercial properties offering Highway 99W frontage, Long Tom River frontage, established neighboring businesses, and over two acres of development potential are increasingly difficult to find. Don't miss the opportunity to secure one of Monroe's premier commercial development sites.
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FeaturesGeneralUtilities ElectricityAvailable PublicSewer WaterAvailable
Zoning C1
Property Subtype MixedUse
Tax Year 2025
Current Use Commercial RawLand
Parcel Number 202824
Waterfront Features RiverFront
County Benton
Property Type Land
HOA N
Other Structures None
Status Active
Directions Hwy 99 to monroe
High School Monroe
City Monroe
Body of Water LONG TOM
Disclosures Disclosure
MLS Area _220
Lot Size Square Feet 88426.0
Listing Terms Cash
Elementary School Monroe
Tax Annual Amount 2139.45
Middle/Junior High School Monroe
Virtual Tour https://friendly-street-media.aryeo.com/videos/019f072c-3296-72dd-b864-065e523e78fa
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LOT:15-16 KEENEYS
ADU False
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ExteriorLot Features Pasture Stream Trees
Lot Size Acres 2.03
Road Surface Type Dirt Paved
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* Excluded FeaturesList ByParker Heights RealtyBroker
parkerhomerealestate@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,547
- Monthly Property Taxes
- $178
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Monroe, OR
Average List Price $280,000
Percent of Sale Price 14%
About Monroe, OR 736 Population
9% Since 2002
$ 54,074 Median Income
46.29 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949063 Elementary School
1949104 Middle School
Monroe High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/27/2026 | $245,000 | | Listed Price |