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Multi-Level Flex Space with Kitchen
For Sale
$375,000

238 3rd Av SE, Albany, OR 97321

Commercial, Albany, OR

Property Size3,600 SF
Lot Size0.12 Acres
Price / SF$42.30
Days on Market59

Property Features for 238 3rd Av SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning HC
Standard status Active
Size 8,866 SF
Lot size 0.12 Acres

Building Details

Year built 1930
Listing Agency: KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM
Listed By: LAURA GILLOTT · License #920300248
Added: Jun 29 Changed: Aug 19 Last Checked: Aug 26 at 5:06AM
MLS# 842704

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multi-level flex space is configured for office and storage use, with two bathrooms and supplemental storage rooms. The upper level features 14' vaulted ceilings, Clear Vertical Grain fir flooring, and two mini-split systems supported by an 80% GFA heating system. A basement-level commercial kitchen includes a compartment sink, stove, and dishwasher, with some tile flooring in the surrounding area.

The property sits on a 0.12-acre lot at 238 3rd Av SE in Albany, Oregon. Exterior construction includes wood lap siding and a metal roof, while HC zoning supports the property's commercial classification.

Key Highlights

  • Multi‑level building configured for office and storage use
  • 14' vaulted ceilings on the top level
  • Basement commercial kitchen with compartment sink, stove, and dishwasher

Property Analytics

Current Use

The Shift - Downtown Campus Church Methodist Episcopal Church ... Church

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Butcher Florist Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,472
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97321, OR

30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - HC-zoned commercial building offering office, storage, and kitchen improvements across multiple levels.
Where is this flex space located?
The property is located at 238 3rd Av SE Albany, OR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Multi‑level building configured for office and storage use; 14' vaulted ceilings on the top level; Basement commercial kitchen with compartment sink, stove, and dishwasher
More about this property
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