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Bike N Hike 424 1st Ave SW

7,264 SF Retail Building Albany, OR 97321 $770,000 ($106/SF)

Executive Summary

Classic Historical downtown building with 7,264 SF of glass front retail. 1900's construction of exposed brick and glass with 50' of 1st street frontage. Currently one space with the opportunity to divide into 2 multi-tenant units. Large open splay floor with back storage and two loft spaces. TPO membrane roof approximately 10 year. Possible owner carry with 25% down at 5% with at 5 year ballon payment. pretty is lease through 1/15/25 early occupancy can be negotiated.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,264 SF
Year Built/Renovated
1900/2014
Price
$770,000
Price Per SF
$106
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Zoning
HD - Down Town central business zoning.
Frontage
50 FT on SW 1St Ave

Amenities

  • Mezzanine
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Snap Fitness 24/7
Starbucks
Umpqua Bank
WaFd Bank
Keybank
Chase Bank
the Human Bean
Dutch Bros
Crossfit
  • Listing ID: 32464397

  • Date on Market: 7/15/2024

  • Last Updated:

  • Address: 424 1st Ave SW, Albany, OR 97321

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