Albany, OR Mixed-use Properties for Sale

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Corvallis, OR Adair Village, OR Tangent, OR Jefferson, OR Klamath Falls, OR Monmouth, OR Philomath, OR Lebanon, OR

Updated: Aug 21

Mixed-Use Building with Residence

309 W 1st Ave, Albany, OR 97321

$599,900

4,500 sqft

4500 SF mixed‑use property at 309 W 1st Ave, Albany, OR 97321
Street‑level retail/office area can remain open or be divided into two units, subject to buyer verification
Second‑floor 2 bed, 2 bath residential unit with a long‑term tenant
Rear storage or additional office area with a separate entrance
Constructed in 1890

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This listing looks promising.

Here's a quick look at some key insights for

309 W 1st Ave, Albany, OR 97321

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$53K
Annual
Mortgage

$318K
Dec 2022
Last Sold

Dec 2022
$368K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1890

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Albany, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Undeveloped Land

3912 Commercial St SE, Salem, OR 97302

$485,000

325 sqft 0.44 AC lot

MU-3 zoning supports an existing land lease and a rear area that remains undeveloped.

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Mixed-Use Building with Retail

661 S Main St, Lebanon, OR 97355

$4,750,000

27,764 sqft 0.87 AC lot

Downtown property combines occupied storefronts and apartments with upper floors undergoing renovation.

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Mixed-Use Property with Redevelopment Potential

4192 Liberty Rd S, Salem, OR 97302

$399,900

0.29 AC lot

South Salem corner lot with high visibility and redevelopment opportunities.

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Lebanon Mixed-Use Development Opportunity

Approximately S. Santiam Highway & Weirich Drive, Lebanon, OR 97355

Contact for pricing

Prime mixed-use land for development in Lebanon, Oregon.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Fenced Commercial Development Land

6123 Pacific Bl SW, Albany, OR 97321

$895,000

1.00 AC lot

Flat, fenced land with 159 feet of street frontage and water/sewer available in the street, zoned CC with CFA overlay.

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Mixed-Use Development Land

S Santiam (Lot #102) Hwy, Lebanon, OR 97355

$1,300,000

13.76 AC lot

Flat, mixed-use zoned acreage with access points and planned signal-light extension for commercial and residential development.

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Commercial Riverfront Land Parcel

133 Washburn St, Brownsville, OR 97327

$139,900

1.52 AC lot

Flat, Old Town commercial-zoned riverfront land suited for a range of development plans near downtown access.

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Sublimity, OR Bare Land

Golf Ln, Sublimity, OR 97385

$249,900

1.38 AC lot

Bare land inside Stayton's UGB with UT-20 zoning.

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Off-Market Properties in Albany, OR

Consider similar Off-Market properties in Albany, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE/RESIDENTIAL (MIXED USE)

108 4th SE Ave, Albany, OR 97321-2801

$395,000

Estimated value

1,722 sqft 0.11 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1241 Clay SE St, Albany, OR 97322-6866

$460,000

Estimated value

24,735 sqft 1.85 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

214 1st SW Ave, Albany, OR 97321-2224

$1,210,000

Estimated value

2,640 sqft 0.10 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

211 1st NW Ave, Albany, OR 97321-2223

$1,375,000

Estimated value

8,976 sqft 0.10 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

129 1st NW Ave, Albany, OR 97321-2221

$275,000

Estimated value

4,488 sqft 0.10 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

Albany, OR 97321

$600,000

Estimated value

0.19 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2505 Pacific SE Blvd, Albany, OR 97321-5072

$395,000

Estimated value

11,916 sqft 0.45 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

327 1st NW Ave, Albany, OR 97321-2225

$445,000

Estimated value

4,770 sqft 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

3111 Santiam SE Hwy, Albany, OR 97322-5293

$815,000

Estimated value

8,694 sqft 0.55 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

820 Pacific SE Blvd, Albany, OR 97321-3207

$1,240,000

Estimated value

3,936 sqft 0.38 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

Albany, OR 97322

$1,240,000

Estimated value

0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

309 1st NW Ave, Albany, OR 97321

$490,000

Estimated value

4,500 sqft 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

950 Geary St Se Ste A, Albany, OR 97322-4943

$3,685,000

Estimated value

30,265 sqft 0.72 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

120 Ellsworth SW St, Albany, OR 97321-2209

$390,000

Estimated value

5,036 sqft 0.10 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1530 9th SE Ave, Albany, OR 97322-4869

$3,685,000

Estimated value

30,265 sqft 1.63 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

Albany, OR 97322

$3,685,000

Estimated value

30,265 sqft 0.10 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

220 2nd SW Ave, Albany, OR 97321-2591

$665,000

Estimated value

6,834 sqft 0.16 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

340 1st SE Ave, Albany, OR 97321-2738

$405,000

Estimated value

528 sqft 0.18 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

805 Burkhart SE St, Albany, OR 97322-5266

$900,000

Estimated value

3,844 sqft 0.17 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2110 Pacific SW Blvd, Albany, OR 97321-3518

$485,000

Estimated value

2,148 sqft 0.29 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

110 Fry SW St, Albany, OR 97321

$865,000

Estimated value

34,650 sqft 0.23 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

416 Pacific SW Blvd, Albany, OR 97321-2540

$1,930,000

Estimated value

0.60 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

227 2nd SW Ave, Albany, OR 97321

$510,000

Estimated value

2,596 sqft 0.05 AC lot

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Albany, OR Mixed-Use Properties Market Trends and Statistics

Explore 72 mixed-use properties for sale in Albany, OR on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $599,900.

Sale prices for multi use buildings in Albany, OR average $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 67K

Population Growth (5Y) +8.7%

Median Household Income $81,044

College Educated 40.3%

Taxes & Financing

Tax Rate (average for all types) 1.78%

Property Tax per SF $16.32 per SF

Tax Rate vs County Average 0.08 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

Residential Income

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Albany, OR Mixed-use Properties for Sale

309 W 1st Ave, Albany, OR 97321

Opportunities in Nearby Cities

3912 Commercial St SE, Salem, OR 97302

661 S Main St, Lebanon, OR 97355

4192 Liberty Rd S, Salem, OR 97302

Approximately S. Santiam Highway & Weirich Drive, Lebanon, OR 97355

Potential Development Sites for Consideration

6123 Pacific Bl SW, Albany, OR 97321

S Santiam (Lot #102) Hwy, Lebanon, OR 97355

133 Washburn St, Brownsville, OR 97327

Golf Ln, Sublimity, OR 97385

Off-Market Properties in Albany, OR

108 4th SE Ave, Albany, OR 97321-2801

1241 Clay SE St, Albany, OR 97322-6866

214 1st SW Ave, Albany, OR 97321-2224

211 1st NW Ave, Albany, OR 97321-2223

129 1st NW Ave, Albany, OR 97321-2221

Albany, OR 97321

2505 Pacific SE Blvd, Albany, OR 97321-5072

327 1st NW Ave, Albany, OR 97321-2225

3111 Santiam SE Hwy, Albany, OR 97322-5293

820 Pacific SE Blvd, Albany, OR 97321-3207

Albany, OR 97322

309 1st NW Ave, Albany, OR 97321

950 Geary St Se Ste A, Albany, OR 97322-4943

120 Ellsworth SW St, Albany, OR 97321-2209

1530 9th SE Ave, Albany, OR 97322-4869

Albany, OR 97322

220 2nd SW Ave, Albany, OR 97321-2591

340 1st SE Ave, Albany, OR 97321-2738

805 Burkhart SE St, Albany, OR 97322-5266

2110 Pacific SW Blvd, Albany, OR 97321-3518

110 Fry SW St, Albany, OR 97321

416 Pacific SW Blvd, Albany, OR 97321-2540

227 2nd SW Ave, Albany, OR 97321

Albany, OR Mixed-Use Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

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