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Listing provided courtesy of LORADITCH RANCH AND HOME REAL ESTATE- MLS# 838953MLS ProviderContact Information: Cell: 541-410-0307

309 W 1st AvAlbany, OR 97321

Commercial · 4,500 Sq. ft. | 0.06 Acres
$599,000 ACTIVE

309 W 1st Av Overview

Time on Site:
98 days
Visits:
81

Beautiful Architectural design in this mixed-use opportunity in the heart of downtown Albany. Street-level retail/office space can remain one open layout or be reconfigured into two separate units (buyer to verify). The second level offers a spacious 2 bed, 2 bath residential unit with a long term tenant. Layout may allow for future reconfiguration for additional units. Property offers storage and/or additional office space at the rear w/ separate entrance. Excellent opportunity for owner/operator seeking flexible work/live asset in historic downtown Albany.

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309 W 1st Av Facts & Features

  • Type Commercial
  • Sq. ft. 4,500
  • Price/Sq.ft. $133
  • Lot 0.06 Acres

Details

General

Building Information

  • Year Built: 1890

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: 80 LINN COUNTY

General Information

  • Property Sub Type: Retail
  • Property Type: Commercial

Interior

General Information

  • Living Area: 4500

Exterior

309 W 1st Av Neighborhood

Community

97321 (Albany) Demographics

42
Median Age
391
Population Density (per sq. mile)
45%
College Educated
$76,107
Estimated Median Income
7,801
Estimated Total Home Owners
2,606
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

309 W 1st Av Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

309 W 1st Av Market Data

Based on the last 30 days in this zip code

$631,331
Average List Price
$282
Average Price per Square Foot
53
Properties Sold
84
Average Days on Market
209
Properties for Sale
Calculations provided by Reliance Network

309 W 1st Av History

Date Event Value Agent
6/9/2026Source: Willamette Valley MLS Price Reduction
$599,000 -6.3%
5/5/2026Source: Willamette Valley MLS Price Reduction
$639,000 -1.7%
3/24/2026Source: Willamette Valley MLS Added to Database
March 24, 2026