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Flex Space with Loading Docks
For Sale
$870,000

500 Pacific Blvd, Albany, OR 97321

1947 commercial property combines office areas, warehouse space, private rooms, storage, and three-phase power.

Property Size12,890 SF
Price / SF$67.49
Days on Market21

Property Features for 500 Pacific Blvd

General Information

Standard status Active
Size 12,890 SF

Warehouse & Industrial

Dock-High Doors 4
Three-Phase Power Yes
Cold Storage Yes

Additional Details

Road Access Yes

Amenities

private offices
conference rooms
skylights
walk-in cooler

Building Details

Year Built 1947
Listing Agency: Premiere Property Group LLC
Listed By: Sherry Sebree · License #201217454
Source: Oregonhomeshop
Added: Aug 10 Changed: Aug 29 Last Checked: Aug 26 at 5:28AM

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 Premiere Property Group LLC

Investment Insights

Based on property information with market context.

This 1947 flex property combines open warehouse space with private offices, conference rooms, storage areas, and a separate storage building. The improvements include high ceilings, skylights, a walk-in cooler, four truck bay loading docks, and three-phase power. A concrete fire hose system and standpipes are also in place.

The property is located at 500 Pacific Blvd in Albany, Oregon, along a main thoroughfare described as high traffic. On-site parking is provided, and the building is partially leased to one tenant. Capital improvements include a 40-year TPO roof installed in 2007, updated siding, and exterior paint.

Key Highlights

  • Four truck bay loading docks support warehouse operations
  • Open warehouse layout with private offices and conference rooms
  • Three‑phase power, high ceilings, skylights, and walk‑in cooler

Property Analytics

Current Use

AUTOMOTIV European Car ... Auto Repair Shop Disaster Restorations General Contractor Radish Fabrication Metal Fabrication Plant Cleaning By Steamway Carpet Cleaning Service

Suggested Use

Top Pick Pharmacy HVAC Service Restaurant Hotel & Motel Electrical Service Grocery & Convenience Store

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

4
Dock-high doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby
Under-served
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Flex space - 1947 commercial property combines office areas, warehouse space, private rooms, storage, and three-phase power.
Where is this flex space located?
The property is located at 500 Pacific Blvd Albany, OR.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Four truck bay loading docks support warehouse operations; Open warehouse layout with private offices and conference rooms; Three‑phase power, high ceilings, skylights, and walk‑in cooler
More about this property
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