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Listed by ANDREA BEEM • EXP REALTY, LLC • Cell: 541-231-3109
$ 1,295,000
Est. payment /mo
Active
425 2nd Av SW SW Albany, OR 97321
14,702 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 14,702 sqft
Price per Sqft $88
MLS Listing ID 842895
Year Built 1955
Annual Tax Amount $23,740
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Office
Property Description
Prime investment opportunity in Downtown Albany! The Raybar Professional Center is a 14,702 SF multi-tenant office building on 0.37 acres. Offered at $1.295M at a 7.01% cap rate, this 100% leased asset includes 19 suites housing diverse professional, legal, and healthcare tenants. Prime corner location in the historic commercial core directly across from the Post Office with 26 reserved parking spaces, HD zoning, and flexible suite layouts that capture strong small-tenant demand.
Location
State OR
County Linn
Area 80 Linn County
Interior
Heating Electric, Forced Air, Gas
Exterior
Garage Spaces 26.0
View Territorial
Building
Foundation Slab
Sewer City
Water City
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "