418 E 1st Av, Albany, OR 97321

Building Details

Year built

1980

Roof type

Composition

Listing agent LAURA GILLOTT License #920300248 Show Phone

Listing office KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM k***@kw.com 266 E GRANT ST, Corvallis, OR Show Phone

Listing date Apr 17, 2026

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MLS# 839848

Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This for-sale property is an eight-unit, multi-tenant commercial building featuring a mixed office, retail, and residential configuration. The offering totals 4,524 square feet across three separate buildings on three tax lots, with separate meters supporting each unit. The property also includes covered walkways, a pylon sign, and 15 off-street parking spaces. A new roof was installed in 2023.

Situated in Albany, Oregon, the property is zoned CB. It is marketed as a convenient downtown Albany location, and the improvements are arranged to serve multiple unit types within the same overall site.

For buyers seeking a small, mixed-use operating property, the separated metering and multi-building layout can be advantageous for managing different unit uses under one ownership. With on-site parking, covered walkways, and a pylon sign, the site is designed to support both tenant access and customer/visitor wayfinding. Note that the listing currently indicates an accepted offer with contingencies.

Suggested Use

Hotel & Motel HVAC Service Cosmetic Store Bed & Breakfast Travel Agency Wine and Liquor Store (Bike/Boat/Book/etc) Store Tech Support Center Kitchen & Bath Showroom Florist

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Albany

County

Linn

State

Oregon

Longitude

-123.1005919

Latitude

44.6376054

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FAQs

What type of property is this?

Apartment building - Three-building mix of office, retail, and residential units with separate meters, covered walkways, and 15 off-street spaces.

Where is this apartment building located?

The property is located at 418 E 1st Av Albany, OR.

What is the asking price?

The asking price for this property is $890,000.

What are key features of this property?

This property features: 8‑unit multi‑tenant property with office, retail, and residential mix.; Convenient downtown Albany location.; New roof installed in 2023.