220 2ND AVE

Albany, 97321

  • Bed

  • Bath

  • 6854 SqFt

  • 105 DOM

  • Built: 1920

  • Status: Active

$850,000

Price cut: $50K (05-23-2025)

X

220 2ND AVE

Albany 97321

$850000

Price cut: $50K (05-23-2025)

  • Bed

  • Bath

  • 6854 SqFt

  • 105 DOM

  • Built: 1920

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Turnkey investment in up & coming downtown Albany, OR! This multi-tenant space was completely remodeled in 2023, including a new TPO membrane roof, new electrical service, major plumbing updates and modern finishes throughout. The primary tenant, Greyhound Tavern just signed a 5 year NNN lease at $5,250/mo. Sugar J's Ice Cream is leased for 2 more years at $1475/mo. The Greyhound Tavern is over 5,000 SF and includes a custom wood fired pizza oven, plenty of seating/event space & a stage for entertainment!

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Residence Information

  • 6854

  • 1

  • 1920

  • No

Features and Utilities

  • Other

  • PublicSewer

  • Electricity

Financial

  • 10041.11

  • Cash,Conventional

  • 02-07-2025

  • No

  • No

Comparable Information

  • 105

  • 258

  • Cash,Conventional

  • $970,000

  • $850,000

  • May 23, 2025 11:05

Schools

Map

Listing courtesy of SMI Commercial Real Estate LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Oct 23, 2025 22:40 | Listing last modified May 23, 2025 11:05. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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