Turnkey investment in up & coming downtown Albany, OR! This multi-tenant space was completely remodeled in 2023, including a new TPO membrane roof, new electrical service, major plumbing updates and modern finishes throughout. The primary tenant, Greyhound Tavern just signed a 5 year NNN lease at $5,250/mo. Sugar J's Ice Cream is leased for 2 more years at $1475/mo. The Greyhound Tavern is over 5,000 SF and includes a custom wood fired pizza oven, plenty of seating/event space & a stage for entertainment!
Listing Provided Courtesy of Jordan Sparks, SMI Commercial Real Estate LLC
General Information
732812648
Commercial
105
DOM
6969.6 SqFt
6854
1920
HD
Linn
0081584
CommercialSale
Commercial
11S03W06CC
Listing Provided Courtesy of Jordan Sparks, SMI Commercial Real Estate LLC
Krishna Realty data last checked: Aug 19, 2025 22:51 | Listing last modified May 23, 2025 11:05,
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Residence Information
6854
1
1920
No
Features and Utilities
Other
PublicSewer
Electricity
Financial
10041.11
Cash,Conventional
02-07-2025
No
No
Comparable Information
105
193
Cash,Conventional
$970,000
$850,000
May 23, 2025 11:05
Schools
Map
Listing courtesy of SMI Commercial Real Estate LLC.
Turnkey investment in up & coming downtown Albany, OR! This multi-tenant space was completely remodeled in 2023, including a new TPO membrane roof, new electrical service, major plumbing updates and modern finishes throughout. The primary tenant, Greyhound Tavern just signed a 5 year NNN lease at $5,250/mo. Sugar J's Ice Cream is leased for 2 more years at $1475/mo. The Greyhound Tavern is over 5,000 SF and includes a custom wood fired pizza oven, plenty of seating/event space & a stage for entertainment!
