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Flex Space with Loading Docks
For Sale
$870,000

500 Pacific Blvd, Albany, OR 97321

The building combines open work areas with private offices, conference rooms, and a separate storage structure.

Property Size12,890 SF
Price / SF$67.49
Days on Market9

Property Features for 500 Pacific Blvd

General Information

Standard status Active
Size 12,890 SF
Property subtype Commercial
Zoning PB

Warehouse & Industrial

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

Additional Details

Road Access Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $6,085

Amenities

high ceilings
open floor plan
private offices
conference rooms
ample storage
separate storage building
3-phase power
four truck bay loading docks
walk-in cooler
skylights
ample parking

Building Details

Building Size 12,890 SF
Year Built 1947
Listing Agency: Premiere Property Group LLC
Listed By: Sherry Sebree · License #201217454
Source: Duanejohnson
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 29 at 7:20PM

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

Rey
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Investment Insights

Based on property information with market context.

This 12,890-square-foot flex property, built in 1947, has an open floor plan with private offices, conference rooms, and storage areas. A separate storage building adds enclosed space. Building features include high ceilings, skylights, a walk-in cooler, 3-phase power, and four truck loading bays. The property is zoned PB and is partially occupied by one tenant.

Located at 500 Pacific Blvd, the site sits along a main thoroughfare. Recent work includes a 40-year TPO roof installed in 2007, updated siding, exterior paint, a concrete fire hose system, and standpipes.

Key Highlights

  • 12,890‑square‑foot flex property on 500 Pacific Blvd
  • Four truck loading bays and 3‑phase power
  • Open floor plan with private offices, conference rooms, and storage

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The building combines open work areas with private offices, conference rooms, and a separate storage structure.
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: 12,890‑square‑foot flex property on 500 Pacific Blvd; Four truck loading bays and 3‑phase power; Open floor plan with private offices, conference rooms, and storage
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