About 220 2nd Ave
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!
Features of 220 2nd Ave
| MLS® # | 732812648 |
|---|---|
| Price | $850,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,854 |
| Acres | 0.16 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 220 2nd Ave |
|---|---|
| Area | 221 - Linn County |
| City | Albany |
| County | Linn |
| State | OR |
| Zip Code | 97321 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Additional Information
| Date Listed | February 7th, 2025 |
|---|---|
| Days on Market | 262 |
| Zoning | HD |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SMI Commercial Real Estate LLC |
|---|