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19-Office Suite Building
For Sale
$1,295,000

425 2nd Av SW, Albany, OR 97321

Commercial, Albany, OR

Property Size14,702 SF
Lot Size0.37 Acres
Price / SF$88.08
Days on Market104

Property Features for 425 2nd Av SW

General Information

Property type Commercial Sale
Property subtype Office
Zoning Albany HD
Parking 26
View Territorial
Directions Across from P.O. on 2nd Ave
Standard status Active
Size 14,702 SF
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 23740

Utilities

Heating system Natural Gas, Forced Air, Electric (Heating)
Cooling system Electric, Gas (Cooling)

Building Details

Year built 1955
Listing Agency: EXP REALTY, LLC
Listed By: ANDREA BEEM · License #200805169
Added: Jun 15 Changed: Sep 25 Last Checked: Sep 26 at 11:06AM
MLS# 842895

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.

Investment Insights

Based on property information with market context.

Located in downtown Albany, this office building contains 19 office spaces, including areas configured as individual offices. The 1955-built property totals 14,702 square feet on a 0.37-acre site and is fully rented.

Heating systems include natural gas, forced air, and electric service; cooling is provided by electric and gas systems. The property is zoned Albany HD.

Key Highlights

  • 19 office spaces in total
  • 14,702 square feet on a 0.37‑acre lot
  • Fully rented office building in downtown Albany

Property Analytics

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Current Use

Hunking Law, LLC Law Firm Raybar Professional Center Business Service Center Boy Scouts of America, ... Child Welfare Organization Kyler Gulaskey, Licensed ... Real Estate Agency Nuclear Medicine Consltng ... Medical Clinic

Suggested Use

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

Lease Details

19
Office units
100%
Occupancy
Multi-tenant
Tenancy

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - The downtown property is fully leased and configured with multiple individual office suites.
Where is this office building located?
The property is located at 425 2nd Av SW Albany, OR.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 19 office spaces in total; 14,702 square feet on a 0.37‑acre lot; Fully rented office building in downtown Albany
More about this property
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