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Downtown Albany Brick Office Building
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220 6th Ave SW, Albany, OR 97321

Updated, fully occupied office building in downtown Albany, Oregon.

Property Size10,840 SF
Price / SF$152.12
Days on Market740

Property Features for 220 6th Ave SW

General Information

Standard status Active
Size 10,840 SF
Total Parking Spaces 20
Property subtype Office
Zoning Albany-LE
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1998
Stories 3
Listing Agency: Eugene Industrial Real Estate LLC
Listed By: John Erving · License #200701086
Source: Crexi
Added: Aug 31, 2024 Changed: Sep 3 Last Checked: Sep 8 at 7:06AM

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 Eugene Industrial Real Estate LLC

Investment Insights

Based on property information with market context.

This brick building is located in downtown Albany, Oregon. The building is 100% occupied and has been recently updated. It is fully handicap accessible and features ample on-site parking, HVAC, and an elevator. The property has a size of 10840 square feet.

Key Highlights

  • 100% Occupied: Provides immediate rental income.
  • Prime Downtown Albany Location: Offers convenient access to amenities.
  • Recently Updated: Suggests modern features.

Property Analytics

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Current Use

Tammi Austin with ... Loan Service L. Sager-Kottre Law Firm Detox Partners Counselor Ticor Title Title Company Platinum Mortgage - Albany Loan Service

Suggested Use

Top Pick Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Locksmith Electrical Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,408
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
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Frequently Asked Questions

What type of property is this?
Office building - Updated, fully occupied office building in downtown Albany, Oregon.
Where is this office building located?
The property is located at 220 6th Ave SW Albany, OR.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 100% Occupied: Provides immediate rental income.; Prime Downtown Albany Location: Offers convenient access to amenities.; Recently Updated: Suggests modern features.
(541) 914-5255 Call to check price and availability
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