245-255 Pacific Blvd SW | Albany, OR 97321
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245-255 Pacific Blvd SW
Albany, OR 97321
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
17,000 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.39 AC
Zoning
PB
Parking
28 Spaces (1.65 Spaces per 1,000 SF Leased)
Frontage
83’ on Pacific Blvd
AMENITIES
- Pylon Sign
ABOUT 245-255 PACIFIC BLVD SW , ALBANY, OR 97321
Excellent NOI with additional income upside. 8.37 CAP on Current Income. 10.66% proforma. Great visibility on corner. Lower level fully leased to long term tenants. Recently leased most of upper floor. About 2,500' upper available for lease, or potential conversion to multi-family (buyer to perform their own due diligence). Concrete block construction, excellent parking. Great investment property opportunity.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $622,540 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$622,540
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