Albany, OR 97321,220 2ND AVE
Albany, OR 97321,220 2ND AVE
Albany, OR 97321,220 2ND AVE
Albany, OR 97321,220 2ND AVE
Albany, OR 97321,220 2ND AVE
Albany, OR 97321,220 2ND AVE
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Listed by SMI Commercial Real Estate LLC
$ 850,000
Est. payment | /mo

6,854 SqFt


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$ 850,000
Est. payment | /mo
Save

6,854 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,854 sqft

Price per Sqft $124

MLS Listing ID 732812648

Year Built 1920

Annual Tax Amount $10,041

Tax Year 2024

Lot Size 6,969 Sqft

Property Sub-Type Commercial

Property Description

Turnkey investment in up & coming downtown Albany, OR! This multi-tenant space was completely remodeled in 2023, including a new TPO membrane roof, new electrical service, major plumbing updates and modern finishes throughout. The primary tenant, Greyhound Tavern just signed a 5 year NNN lease at $5,250/mo. Sugar J's Ice Cream is leased for 2 more years at $1475/mo. The Greyhound Tavern is over 5,000 SF and includes a custom wood fired pizza oven, plenty of seating/event space & a stage for entertainment!

Location

State OR

County Linn

Area _221

Zoning HD

Interior

Heating Other

Exterior

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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220 2ND AVE