For Sale: $639,000

BAC 2.5%

4,500 sq ft
Year Built: 1890
MLS: 838953
Parcel: 0080776
Property Tax: $5,325/year

Property Description

Beautiful architectural mixed-use opportunity in the heart of downtown Albany. Known as the historic Western Union building, this property carries a strong presence and character that stands out in one of downtown Albany’s most recognizable corridors.

The street-level commercial space offers excellent visibility and flexibility, with the ability to function as one open layout or potentially be reconfigured into two separate units (buyer to verify). The space is well-suited for retail, office, showroom, studio, or a variety of commercial uses looking to benefit from a downtown presence.

Upstairs, the second level features a spacious 2 bed, 2 bath residential unit with a long-term tenant already in place, providing immediate rental income and stability.

The rear portion of the property includes additional storage and/or office space with its own separate entrance, adding even more flexibility for operations, workspace, inventory, or future use.

Mixed-use downtown properties with this level of character, flexibility, and built-in income potential offer a unique opportunity to own a recognizable piece of downtown Albany while maintaining multiple avenues for future use and value.

Buyer to perform due diligence regarding zoning, permitted uses, and future development potential.

Map & Nearby Places

309 W 1st Ave
Albany, OR 97321

Amenities

Balcony
Brick
City
City View
Near Shops
Near Restaurants
Near Public Transport
Updated Electrical
Ductless Heating & Air

Mortgage Calculator

Estimate Your Payment
Monthly Payment
Interest Rate
* Payments are estimated. Your actual numbers may vary.

Floor Plans

Request Info

THANKS!

Your message was sent.
We'll be in touch soon.

Please join us for an

Open House

No open houses scheduled

Request Showing