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305 Washington St SW 2,414 SF Retail Building Albany, OR 97321 $395,000 ($163.63/SF)
Investment Highlights
- Downtown Location
- Corner Lot
Executive Summary
The Bill’s Flower Tree building presents a rare ownership opportunity in downtown Albany. Positioned on a high visibility corner at SW Washington St and SW 3rd Ave in the Monteith Historic District, the property benefits from recent sidewalk improvements. Walking distance to the Post Office, City Hall, restaurants, retail, and the recently improved Monteith Riverpark. Downtown Mixed Use zoning encourages high density residential, office, retail or mixed use. Opportunity Zone for potential tax advantages.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,414 SF
Building Class
C
Year Built
1950
Price
$395,000
Price Per SF
$163.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
DMU
Frontage
77’ on 3rd Ave
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0091245 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $194,450 |
Property Taxes
Parcel Number
0091245
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$194,450
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305 Washington St SW
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