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    424 Ave SW Albany, OR 97321

    For Sale
    $649,000

    Any Use-All the Following - Albany, OR

    Property size:
    7,264 SF
    Lot size:
    0.12 Acres
    Days on Market:
    187
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 424 Ave SW

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0755732,0081352
    Size
    7,264 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1900
    Roof type
    Other
    Architectural style
    Other

    Keller Williams Realty Mid-Willamette (541) 451-2211 [email protected]

    Listing agent LAURA GILLOTT (541) 451-2211

    Listing date Jun 11, 2025

    MLS# 819137 Listing URL

    Copyright © 2025 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.

    Overview

    Historic Albany Retail Building For Sale

    This classic historical downtown building features 7,264 square feet of glass-front retail space. Constructed in the 1900s, the building showcases exposed brick and glass, with 50 feet of frontage on 1st Street. Currently configured as one large space, there is an opportunity to divide it into multi-tenant units. The property includes a large, open display floor with back storage and two loft spaces. The TPO membrane roof is approximately 10 years old. The lot size is 0.12 acres.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    The Flower Tree

    Map

    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.068
    Latitude
    44.6313

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    FAQs

    What type of property is this?
    Storefront property - Classic downtown building with retail space and development potential.
    Where is this storefront property located?
    The property is located at 424 Ave SW Albany, OR.
    What is the asking price?
    The asking price for this property is $649,000.
    What are key features of this property?
    This property features: - Prime downtown location with **50' of 1st street frontage**; - Large **7,264 SF glass front retail space**; - Opportunity to divide into multi-tenant units
    (541) 451-2211
    Request Owner's contact information
    424 Ave SW Albany, OR 97321
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    Albany, OR 97321
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    424 Ave SW Albany, OR 97321
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