48
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Listed by SMI Commercial Real Estate LLC
$900,000
Est. payment /mo
6,854 SqFt
Price Dropped by $30K
220 2ND AVE Albany, OR 97321
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,854 sqft
Price per Sqft $131
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
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