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Listed by JORDAN SPARKS • SMI REAL ESTATE • 541-646-0650
$930,000
Est. payment /mo
3,854 SqFt
Price Dropped by $40K
220 2nd Av SW SW Albany, OR 97321
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Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 3,854 sqft
Price per Sqft $241
MLS Listing ID 825117
Year Built 1920
Annual Tax Amount $10,042
Tax Year 2024
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Business Opportunity
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 & electrical service, major plumbing updates and modern finishes throughout. The anchor tenant will continue operations as Greyhound Tavern on a 5 yr. NNN lease at $5,250/mo. Sugar J's Ice Cream has 2 years remaining at $1475/mo. Greyhound Tavern is over 5,000 SF, including a custom wood fired pizza oven, plenty of seating/event space & a stage for entertainment!
Location
State OR
County Linn
Area 80 Linn County
Exterior
Roof Type Other (Refer to Remarks)
Building
Foundation Slab
Sewer City
Water City
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/CkVhbJRJI8c
