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Historic Albany Building For Sale
For Sale
$550,000
Pending

330 Southwest Washington Street, Albany, OR 97321

2,955 SF brick building in Albany's Historic Downtown.

Property Size2,955 SF
Days on Market194

Property Features for 330 Southwest Washington Street

General Information

Standard status Pending
Size 2,955 SF
Property subtype Multi Family
Zoning HD

Taxes and HOA fees

Annual Taxes $6,618

Amenities

1
Brick

Building Details

Year Built 1954
Listing Agency: SMI Commercial Real Estate LLC
Listed By: Eric Swanson · License #201221479
Source: Compass
Added: Feb 10 Changed: Aug 23 Last Checked: Aug 22 at 12:51PM

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 Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This 2,955 SF brick building, located in Albany’s Historic Downtown, was originally built in 1954 and fully rebuilt to studs/roof framing in 1998. The property was refreshed with a new exterior and roof in 2025. The building features three private-entry suites and five on-site parking stalls. The primary suite occupies 1,450 SF. Edward Jones and Habitat for Humanity provide a gross monthly income of $2,335.

Key Highlights

  • High‑visibility location in Albany's Historic Downtown
  • Income‑producing property: Edward Jones + Habitat for Humanity provide $2,335/mo gross income
  • Opportunity to occupy 1,450 SF primary suite while generating rental income**

Property Analytics

Current Use

Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Butcher Florist Electrical Service

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

1,482
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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - 2,955 SF brick building in Albany's Historic Downtown.
Where is this office building located?
The property is located at 330 Southwest Washington Street Albany, OR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High‑visibility location in Albany's Historic Downtown; Income‑producing property: Edward Jones + Habitat for Humanity provide $2,335/mo gross income; Opportunity to occupy 1,450 SF primary suite while generating rental income**
More about this property
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