For Sale
$350,000

1St AveAlbany, OR 97321

Prime Location, High Potential, Needs Renovation

Overview

Added:
Feb 3
Days on market:
63
This exceptional 4,488 square foot retail building presents a rare opportunity in Albany, Oregon's vibrant downtown core. Strategically situated between the east and west corridors of Highway 20, this property enjoys a premier location surrounded by thriving businesses and ample parking. The 0.1-acre lot offers significant potential for various commercial uses, though buyer due diligence is recommended to determine suitability. The building is being sold "as is," requiring both interior and exterior renovations to realize its full potential. The existing structure provides a solid foundation for a complete transformation, allowing for customization to meet the needs of a wide range of businesses. Its central location ensures high visibility and accessibility, making it an ideal investment for entrepreneurs seeking a prominent presence in a bustling downtown area. The property's current condition necessitates a comprehensive assessment of renovation needs, and prospective buyers should factor these costs into their investment strategy. This is a chance to acquire a well-positioned commercial space with significant upside, ready for a revitalization that will capitalize on its prime location and high traffic area. The property's potential is undeniable, making it an attractive opportunity for those with a vision for its future.

Property Details for 1St Ave

Property type
Retail properties
Square Feet
4,488 SF
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Albany
County
Linn
State
Oregon
Latitude
44.63949
Longitude
-123.0866
1St Ave, Albany, Oregon

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1St Ave
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