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Freestanding Restaurant with Lounge
New
For Sale
$210,000

1206 9th Ave, Albany, OR 97322

Standalone restaurant with a fully equipped commercial kitchen, lounge area, and seating for 200 guests.

Property Size5,976 SF
Lot Size0.99 Acres
Price / SF$35.14
Days on Market6

Property Features for 1206 9th Ave

General Information

Standard status Active
Size 5,976 SF
Lot size 0.99 Acres

Restaurant

Seating Capacity 200
Commercial Hood Yes
Equipment Included Yes

Additional Details

Business Included Yes
Road Access Yes

Building Details

Buildings 1
Listing Agency: ERA Freeman & Associates
Listed By: Samantha Chan · License #891200147
Source: Wyndeekono
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 10:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA Freeman & Associates

Investment Insights

Based on property information with market context.

This freestanding restaurant property at 1206 9th Ave in Albany, Oregon, includes a 5,976-square-foot building on 0.99 acres. The layout provides restaurant seating for 200, a small lounge, and a fully equipped commercial kitchen with a tall, efficient hood vent. A large on-site parking area supports the operation, while 3 Oregon Lottery machines are included in the existing setup.

Positioned along the main road, the property offers direct road exposure and is configured for continued restaurant use. The standalone building and substantial site provide a complete operating environment for a food-service business, with the kitchen infrastructure and customer areas already in place.

Key Highlights

  • 5,976‑square‑foot freestanding restaurant building on 0.99 acres
  • Seating capacity for 200 guests
  • Fully equipped kitchen with tall, efficient hood vent

Property Analytics

Current Use

Ping's Garden Restaurant Restaurant

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Travel Agency Hotel & Motel

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

Lease Details

Turnkey business
Opportunity
Yes
Paved road access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,075
Businesses Nearby
203k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 20% Home Improvements & Furnishings 12% Apparel 8%
Wendy's Dining
25,447 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
24,472 visits/mo 0.2 miles
Dutch Bros. Coffee Dining
19,722 visits/mo 0.0 miles
Panda Express Dining
18,425 visits/mo 0.4 miles
Goodwill Apparel
16,684 visits/mo 0.3 miles

Demographics for 97322, OR

37,148
Population
14,867
Households
2.5
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
63.3 sq mi
ZIP Area
587
Density / Sq Mi
$68,536
Median Household Income
$43,530
Median Earnings
$1,335
Median Rent
$321,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Standalone restaurant with a fully equipped commercial kitchen, lounge area, and seating for 200 guests.
Where is this conventional restaurant located?
The property is located at 1206 9th Ave Albany, OR.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 5,976‑square‑foot freestanding restaurant building on 0.99 acres; Seating capacity for 200 guests; Fully equipped kitchen with tall, efficient hood vent
More about this property
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