1. Oregon
  2. Albany
  3. 220 2ND Ave
$850,000

220 2ND Ave, Albany, OR 97321

  • 6,854 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $124/sqft
  • Property List Date Icon Listed 6 months ago

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!

Listing Status:
Active
Date Added:
February 7, 2025 at 06:00AM
Listing Office:
SMI Commercial Real Estate LLC : 503-390-6060
Listing Agent:
Jordan Sparks : 541-646-0650
MLS ID:
732812648
  • Heating: Other

This listing courtesy of Jordan Sparks, SMI Commercial Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Central Elementary School

336 9th Ave SW, Albany, OR, 97321

Grades 3-5

0.47 miles away

M

Memorial Middle School

1050 Queen Ave SW, Albany, OR, 97321

Grades 6-8

1.13 miles away

A

Albany Options School

701 19th Ave SE, Albany, OR, 97322

Grades 9-12

0.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.