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Historic Multi-Level Office Building
For Sale
$350,000

238 3rd Av, Albany, OR 97321

HC-zoned premises offer multiple levels, storage areas, and a basement commercial kitchen.

Property Size3,600 SF
Price / SF$97.22
Days on Market126

Property Features for 238 3rd Av

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial
Zoning HC

Additional Details

Property Use Office and storage

Building Details

Building Size 3,600 SF
Year Built 1930
Buildings 1
Listing Agency: Keller Williams Realty Mid-Willamette - Gillott Team
Listed By: Laura Gillott · License #920300248
Source: Horsepowerrealestateproperties
Added: Jun 29 Changed: Oct 29 Last Checked: Oct 29 at 2:32PM

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 Keller Williams Realty Mid-Willamette - Gillott Team

Rey
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Investment Insights

Based on property information with market context.

This HC-zoned office building provides 3,600 square feet across multiple levels and is used for office and storage. The upper level features 14-foot vaulted ceilings and clear vertical grain fir flooring. A basement includes tile flooring, a commercial kitchen equipped with a compartment sink, stove, and dishwasher, plus additional storage rooms. Two bathrooms serve the building. The exterior has wood lap siding beneath a metal roof.

Heating and cooling are provided by two mini-split systems and an 80% GFA heating system.

Key Highlights

  • 3,600‑square‑foot, multi‑level office building with storage areas
  • 14‑foot vaulted ceilings and clear vertical grain fir flooring on the upper level
  • Basement commercial kitchen with compartment sink, stove, and dishwasher

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office building - HC-zoned premises offer multiple levels, storage areas, and a basement commercial kitchen.
Where is this office building located?
The property is located at 238 3rd Av Albany, OR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,600‑square‑foot, multi‑level office building with storage areas; 14‑foot vaulted ceilings and clear vertical grain fir flooring on the upper level; Basement commercial kitchen with compartment sink, stove, and dishwasher
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