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Restaurant Space with Covered Dining

442 1st St W, Albany, OR 97321

For Lease
$6,000/Mo

The kitchen includes a hood and walk-in cooler, alongside two ADA baths, an office, and basement storage.

Space Size4,000 SF
Days on Market236

Property Features for 442 1st St W

General Information

Standard status Active
Size 4,000 SF
Net Rentable 4,000 SF
Zoning Albany - HD

Space & Availability

Available Space 4,000 SF
Contiguous Space 4,000 SF
Space Use Restaurant

Restaurant

Commercial Hood Yes
Patio Yes
Second-Generation Restaurant Yes
Walk-In Cooler/Freezer Yes

Amenities

soaring ceilings
exposed brick walls
polished concrete floors
fireplace
signature half-wall
2 ADA baths
office
basement storage

Building Details

Building Size 4,000 SF
Listing Agency: Connected Real Estate Group
Listed By: Jessica Pankratz · License OR #200505057
Source: Horsepowerrealestateproperties
Added: Mar 23 Changed: Nov 11 Last Checked: Nov 12 at 2:45PM

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 Connected Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This restaurant space at 442 1st St W in Albany comprises approximately 4,000 SF. Interior features include high ceilings, exposed brick, polished concrete floors, and a fireplace. A half-wall extends along the dining room, and covered outdoor dining provides additional seating space. The commercial kitchen is equipped with a hood and walk-in cooler; the property also has two ADA baths, an office, and basement storage.

The space is in historic Downtown Albany, across from the Historic Carousel & Museum. Zoning is Albany - HD.

Key Highlights

  • Approximately ±4,000 SF of former restaurant space
  • Commercial kitchen with hood and walk‑in cooler
  • Covered outdoor dining area

Property Analytics

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

Current Use

Sybaris Bistro Restaurant

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

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,482
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Chase Bank Shops & Services
5,924 visits/mo 0.2 miles
KeyBank Shops & Services
3,538 visits/mo 0.2 miles
Umpqua Bank Shops & Services
2,864 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
1,226 visits/mo 0.3 miles
Big Town Hero Dining
997 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The kitchen includes a hood and walk-in cooler, alongside two ADA baths, an office, and basement storage.
Where is this conventional restaurant located?
The property is located at 442 1st St W Albany, OR.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: Approximately ±4,000 SF of former restaurant space; Commercial kitchen with hood and walk‑in cooler; Covered outdoor dining area
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