Albany, OR Retail Space for Sale

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Corvallis, OR Tangent, OR Klamath Falls, OR Jefferson, OR Monmouth, OR Philomath, OR Lebanon, OR Scio, OR

Updated: Jan 29

Two-Tenant Retail Building For Sale

7171 SE Geary St, Albany, OR 97322

$4,915,000

16,234 sqft

100% occupied by national brands Petco and Gentle Dental.
Located in Albany's primary retail corridor, adjacent to Heritage Mall.
Petco operates in the top 87% of all locations nationally.
Immediate access to Pacific Boulevard / Santiam Highway interchange and direct connectivity to Interstate 5.
Strong visibility and consistent traffic exposure exceeding 35,000 vehicles per day.

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This listing looks promising.

Here's a quick look at some key insights for

7171 SE Geary St, Albany, OR 97322

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$249K
Annual
Price @ 7% Cap

$3.56M
Suggested

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Updated: Feb 19, 2025

Remodeled Multi-Tenant Albany Investment Property

214 2nd Ave SW, Albany, OR

$850,000

6,854 sqft 0.16 AC lot

Turnkey investment property completely remodeled in 2023.
Primary tenant (Greyhound Tavern) with a new 5‑year NNN lease at $5,250/month.
Second tenant (Sugar J’s Ice Cream) with 2.5 years remaining on lease at $1,475/month + $75 utility fee.
New TPO membrane roof, new electrical service, and major plumbing updates.
Greyhound Tavern occupies over 5,000 SF and includes a custom wood‑fired pizza oven and event space.

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Albany Retail Space For Sale

350 NW Hickory St, Albany, OR 97321

$1,600,000

15,000 sqft

Retail space available for purchase in Albany, Oregon.

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Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 3 Active listings in Albany, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 30 Off-Market properties to explore as potential leads, plus 1 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.

Flex Retail Shop Warehouse

2711 S Main St, Lebanon, OR 97355

$1,600,000

8,866 sqft 0.92 AC lot

Combination retail, office, and shop/warehouse space with a secured fenced yard and pull-through truck access.

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MUCS-Zoned Rail-Fed Development Land

601 Southwest Western Boulevard, Corvallis, OR 97333

$2,900,000

13,042 sqft 0.62 AC lot

Three contiguous MUCS-zoned lots with two business-occupied retail warehouse structures and a parcel pad.

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Remodeled Two-Story Retail Building

550 S Main St, Lebanon, OR 97355

$1,795,000

10,545 sqft 0.18 AC lot

Remodeled retail building with two levels and lift elevator, supported by updated systems and newer HVAC units.

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Downtown Mixed-Use Retail Building

532 NW 3rd St, Corvallis, OR 97330

Contact for pricing

10,654 sqft

Downtown retail building with clear-span steel trusses and flexible demising for multiple tenant suites.

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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.

PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000

2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

RETAIL STORES (PERSONAL SERVICES)

2142 Santiam SE Hwy, Albany, OR 97322-5203

Value Estimation by Request

5,268 sqft 0.51 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1350 Pacific SE Blvd, Albany, OR 97321-4825

$655,000

Estimated value

3,296 sqft 0.52 AC lot

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RETAIL STORES (PERSONAL SERVICES)

2250 Santiam SE Hwy, Albany, OR 97322-5205

Value Estimation by Request

70,521 sqft 3.34 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1723 Hl SE St, Albany, OR 97322-4247

$3,440,000

Estimated value

31,575 sqft 1.77 AC lot

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RETAIL STORES (PERSONAL SERVICES)

324 Main SE St, Albany, OR 97321-3158

Value Estimation by Request

6,360 sqft 0.28 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1811 14th SE Ave, Albany, OR 97322-8502

$6,195,000

Estimated value

20,270 sqft 2.03 AC lot

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RETAIL STORES (PERSONAL SERVICES)

401 1st NW Ave, Albany, OR 97321-2275

Value Estimation by Request

4,500 sqft 0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

629 Hickory NW St, Albany, OR 97321-1758

Value Estimation by Request

7,560 sqft 0.91 AC lot

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RETAIL STORES (PERSONAL SERVICES)

617 Hickory NW St, Albany, OR 97321-1764

Value Estimation by Request

11,628 sqft 1.25 AC lot

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RETAIL STORES (PERSONAL SERVICES)

609 Hickory St Nw Ste, Albany, OR 97321-1763

Unit 150

Value Estimation by Request

7,620 sqft 0.67 AC lot

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RETAIL STORES (PERSONAL SERVICES)

350 Hickory NW St, Albany, OR 97321-1726

Value Estimation by Request

14,826 sqft 3.10 AC lot

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RETAIL STORES (PERSONAL SERVICES)

415 1st NW Ave, Albany, OR 97321-2227

Value Estimation by Request

12,000 sqft 0.15 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1907 Pacific SE Blvd, Albany, OR 97321-4930

Value Estimation by Request

13,063 sqft 0.57 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1720 Washington SW St, Albany, OR 97322-3922

Value Estimation by Request

7,252 sqft 0.38 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1977 Santiam SE Hwy, Albany, OR 97322-4928

Value Estimation by Request

7,940 sqft 0.50 AC lot

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RETAIL STORES (PERSONAL SERVICES)

427 Jackson SE St, Albany, OR 97321

Value Estimation by Request

5,197 sqft 0.17 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1177 Santiam SE Hwy, Albany, OR 97321-3156

Value Estimation by Request

3,617 sqft 0.37 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1101 Santiam SE Hwy, Albany, OR 97321-3156

Value Estimation by Request

4,043 sqft 0.28 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1159 Santiam SE Hwy, Albany, OR 97321

Value Estimation by Request

4,894 sqft 0.48 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1173 Santiam SE Hwy, Albany, OR 97321

Value Estimation by Request

5,532 sqft 0.71 AC lot

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RETAIL STORES (PERSONAL SERVICES)

728 Pne SE St, Albany, OR 97321-4837

Value Estimation by Request

2,268 sqft 0.17 AC lot

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Albany, OR Retail Space Market Trends and Statistics

Explore 33 retail space for sale in Albany, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 38,088 square feet of properties for sale, with an estimated market value of $7,365,000.

Sale prices for retail space in Albany, OR start at $850,000, averaging $2,455,000, and reaching up to $4,915,000 — 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%

High-Yield Neighborhoods for Investment

Identify Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
97321	$1.2M
97322	$5.4M

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 Retail Space for Sale

7171 SE Geary St, Albany, OR 97322

214 2nd Ave SW, Albany, OR

350 NW Hickory St, Albany, OR 97321

Opportunities in Nearby Cities

2711 S Main St, Lebanon, OR 97355

601 Southwest Western Boulevard, Corvallis, OR 97333

550 S Main St, Lebanon, OR 97355

532 NW 3rd St, Corvallis, OR 97330

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Albany, OR

2142 Santiam SE Hwy, Albany, OR 97322-5203

1350 Pacific SE Blvd, Albany, OR 97321-4825

2250 Santiam SE Hwy, Albany, OR 97322-5205

1723 Hl SE St, Albany, OR 97322-4247

324 Main SE St, Albany, OR 97321-3158

1811 14th SE Ave, Albany, OR 97322-8502

401 1st NW Ave, Albany, OR 97321-2275

629 Hickory NW St, Albany, OR 97321-1758

617 Hickory NW St, Albany, OR 97321-1764

609 Hickory St Nw Ste, Albany, OR 97321-1763

350 Hickory NW St, Albany, OR 97321-1726

415 1st NW Ave, Albany, OR 97321-2227

1907 Pacific SE Blvd, Albany, OR 97321-4930

1720 Washington SW St, Albany, OR 97322-3922

1977 Santiam SE Hwy, Albany, OR 97322-4928

427 Jackson SE St, Albany, OR 97321

1177 Santiam SE Hwy, Albany, OR 97321-3156

1101 Santiam SE Hwy, Albany, OR 97321-3156

1159 Santiam SE Hwy, Albany, OR 97321

1173 Santiam SE Hwy, Albany, OR 97321

728 Pne SE St, Albany, OR 97321-4837

Albany, OR Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

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