Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    350 Hickory St Albany, OR 97321

    Sponsored
    For Sale
    $1,600,000

    High-traffic retail building, 15,000 SF, 1.75 acres.

    Property size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 350 NW Hickory St in Albany, Oregon (zip code 97321), presents a significant investment opportunity. The 15,000 square foot free-standing building sits on approximately 1.75 acres of land, boasting prime highway frontage on Highway 20, ensuring high visibility and accessibility. The property is zoned C.C, allowing for a variety of commercial uses. Its strategic location next to Samaritan hospital clinics guarantees a consistent flow of potential customers. The building itself offers ample space for a wide range of retail businesses. An additional, adjacent lot of approximately 1.35 acres is also available for purchase, providing potential for expansion or future development. The combined acreage offers significant flexibility for various commercial and even multifamily residential uses, subject to city approvals. The asking price for this remarkable property is $1,600,000. This presents a rare chance to acquire a well-situated, substantial retail property in a thriving Oregon community.

    Property Features for 350 Hickory St

    General Information

    Property type
    Retail properties
    Square Feet
    15,000 SF
    Lot Size
    58,806 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    U-Haul Neighborhood Dealer Truck Rental Agency Peaceful Valley Farm ... Garden Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Benton
    State
    Oregon
    Longitude
    -123.107856
    Latitude
    44.643091

    Nearby Similar for Sale

    • $420,000
      2,080 SF

      Albany Duplex with Large Backyard

      Two homes in one with a spacious backyard.
      2522/2520 Main St SE, Albany, OR 97322
      View Details
    • $950,000
      8,900 SF

      Historic Church with Flexible Space

      8,900 sqft historic church suitable for ministry or community programs.
      1099 SW Queen Ave, Albany, OR 97321
      View Details
    • $370,000
      1,860 SF

      Albany Duplex: Investment Opportunity

      Well-maintained duplex in Albany's Opportunity Zone with long-term tenants.
      3711-3713 Earl Ave NE, Albany, OR 97322
      View Details
    • New
      $370,000
      1,860 SF

      Albany Duplex Investment Opportunity

      Well-maintained duplex in Albany's Opportunity Zone with long-term tenants.
      3711 Earl Ave NE, Albany, OR 97322
      View Details
    • Contact for pricing

      Versatile Albany Commercial Property For Sale

      6.84 acres with 46,287 SF across seven buildings.
      Albany, OR 97321
      View Details
    • $3,525,000
      24,260 SF

      Light Industrial Building Investment

      Class A building with long-term tenant and highway visibility.
      1913-1957 Fescue St SE, Albany, OR 97322
      View Details
    • Contact for pricing

      Chipotle Corporate Lease Opportunity

      Corporate Chipotle lease with rental increases in top Oregon mall.
      1961 14Th Ave SE, Albany, OR 97322
      View Details
    • $850,000
      6,854 SF

      Remodeled Multi-Tenant Albany Investment Property

      Turnkey investment opportunity in downtown Albany, Oregon with long-term tenants.
      214 2Nd Ave SW, Albany, OR 97321
      View Details
    • $679,999

      Duplex on Acreage in Riverside

      Duplex on 2.15 acres with horse barn near Albany.
      36048 Riverside Dr, Albany, OR 97321
      View Details
    • $3,850,000
      16,754 SF

      Albany Industrial Outdoor Storage Site

      9-acre industrial site with warehouse and office space for sale.
      3923 Old Salem Rd NE, Albany, OR 97321
      View Details
    • $49,900

      Move-In Ready Mobile Home

      Double-wide mobile home featuring three bedrooms and two bathrooms.
      3800 Mountain View Dr SE, Albany, OR 97322
      View Details
    • $970,000
      8,000 SF

      High Visibility Retail/Office Space

      8,000+ SF retail/office space on corner lot for sale.
      2501 Pacific Bl SE, Albany, OR 97321
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic retail building, 15,000 SF, 1.75 acres.
    Where is this retail property located?
    The property is located at 350 Hickory St Albany, OR.
    What is the asking price?
    The asking price for this property is $1,600,000.
    (541) 465-8107
    Request Owner's contact information
    350 Hickory St Albany, OR 97321
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    350 Hickory St
    Albany, OR 97321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    350 Hickory St Albany, OR 97321
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.