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About the Listing 1042 - 11845,10257
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.
Listing Highlights for 425 2nd Ave SW
Status
Active
Days on Site
130
Property Type
Mixed Use
MLS ®
842895
Year Built
1955
Total Square Footage
14,702
Lot/Acreage
0.37
Interior Details
- Appliances:
- Air Cond:
- Heating: Electric,Forced Air,Gas
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: City
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 26
- Roof:
- Others: Block
- Sewer: City
Financial Details
- Tax Amount: $23,740
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
425 2nd Ave SW Albany, OR 97321
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