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Historic Restaurant with Commercial Kitchen
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442 1st St W, Albany, OR 97321

Downtown restaurant space with exposed brick, covered outdoor dining, and a fully equipped commercial kitchen.

Property Size4,000 SF
Price / SF$1.50
Days on Market38

Property Features for 442 1st St W

General Information

Standard status Active
Size 4,000 SF
Property subtype Farm/Ranch

Restaurant

Commercial Hood Yes
Patio Yes

Amenities

soaring ceilings
exposed brick walls
polished concrete floors
fireplace
covered outdoor dining
signature half-wall
2 ADA baths
office
basement storage
Listing Agency: CONNECTED REAL ESTATE GROUP
Listed By: JESSICA PANKRATZ · License #200505057
Source: Wisser
Added: Jul 25 Changed: Aug 29 Last Checked: Aug 30 at 7:39PM

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 CONNECTED REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

Located in historic Downtown Albany, this approximately 4,000-square-foot restaurant combines distinctive architectural character with established food-service infrastructure. The interior includes soaring ceilings, exposed brick, polished concrete floors, a fireplace, and a full-length half-wall that can divide the dining room into separate areas. Covered outdoor dining extends the usable guest area.

The commercial kitchen includes a hood system, walk-in cooler, and substantial preparation space. Additional improvements include 2 ADA baths, an office, and basement storage. A preserved historic facade with decorative detailing and large storefront windows gives the property a strong street presence across from the Historic Carousel & Museum.

Key Highlights

  • Approximately 4,000 SF restaurant in historic Downtown Albany
  • Commercial kitchen with hood system, walk‑in cooler, and prep space
  • Exposed brick, soaring ceilings, polished concrete floors, and fireplace

Property Analytics

Current Use

Sybaris Bistro Restaurant

Suggested Use

Top Pick Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Butcher Florist

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

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,482
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Chase Bank Shops & Services
5,924 visits/mo 0.2 miles
KeyBank Shops & Services
3,538 visits/mo 0.2 miles
Umpqua Bank Shops & Services
2,864 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
1,226 visits/mo 0.3 miles
Big Town Hero Dining
997 visits/mo 0.1 miles

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 Retail in West region

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

What type of property is this?
Conventional restaurant - Downtown restaurant space with exposed brick, covered outdoor dining, and a fully equipped commercial kitchen.
Where is this conventional restaurant located?
The property is located at 442 1st St W Albany, OR.
What are key features of this property?
This property features: Approximately 4,000 SF restaurant in historic Downtown Albany; Commercial kitchen with hood system, walk‑in cooler, and prep space; Exposed brick, soaring ceilings, polished concrete floors, and fireplace
More about this property
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