Remodeled Multi-Tenant Mixed-Use
For Sale
Contact for pricing
220 SW 2nd Ave, Albany, OR 97321
The property combines leased commercial space with updated building systems and contemporary interior finishes.
Property SizeContact for details
Days on Market143
Property Features for 220 SW 2nd Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Retail
Listing Agency:
SMI Real Estate
(541) 646-0650
Listed By:
JORDAN SPARKS · License #200610098
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 11:59PM
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 SMI Real Estate
Investment Insights
Based on property information with market context.
Located at 220 SW 2nd Ave in Albany, Oregon’s Historic Commercial District, this mixed-use property contains multiple commercial spaces and underwent a comprehensive renovation in 2023. Improvements include a TPO membrane roof, upgraded electrical service, substantial plumbing work, and modern interior finishes.
Greyhound Tavern occupies more than 5,000 square feet and features a custom wood-fired pizza oven, seating and event areas, and a stage for entertainment. The property also includes Sugar J’s Ice Cream Parlour as a second commercial occupant. Existing lease arrangements include a five-year NNN term for Greyhound Tavern and two years remaining for Sugar J’s. An owner-user option is available under the lease terms.
Greyhound Tavern occupies more than 5,000 square feet and features a custom wood-fired pizza oven, seating and event areas, and a stage for entertainment. The property also includes Sugar J’s Ice Cream Parlour as a second commercial occupant. Existing lease arrangements include a five-year NNN term for Greyhound Tavern and two years remaining for Sugar J’s. An owner-user option is available under the lease terms.
Key Highlights
- 2023 renovation with TPO membrane roof, new electrical service, major plumbing updates, and modern finishes
- More than 5,000 SF occupied by Greyhound Tavern
- Greyhound Tavern includes a custom wood‑fired pizza oven, event seating, and entertainment stage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,472
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 94%
Dining 6%
Chase Bank
Shops & Services
5,924 visits/mo
0.1 miles
KeyBank
Shops & Services
3,538 visits/mo
0.1 miles
Umpqua Bank
Shops & Services
2,864 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
1,226 visits/mo
0.2 miles
Ace Cash Express
Shops & Services
1,055 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines leased commercial space with updated building systems and contemporary interior finishes.
Where is this mixed-use property located?
The property is located at 220 SW 2nd Ave Albany, OR.
What are key features of this property?
This property features: 2023 renovation with TPO membrane roof, new electrical service, major plumbing updates, and modern finishes; More than 5,000 SF occupied by Greyhound Tavern; Greyhound Tavern includes a custom wood‑fired pizza oven, event seating, and entertainment stage
