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Listing provided courtesy of EXP REALTY, LLC: 888-814-9613.

425 2nd SW

Albany, OR 97321
  • $1,295,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 842895
UPDATED: 32 min ago
$1,295,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,702
    SQFT
  • $88
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

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.

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Willamette Valley MLS logo

'IDX Member: Keller Williams Mid-Willamette' © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-10-05T14:08:45.1.

IDX Member: Keller Williams Mid-Willamette
www.suelongrealty.com/homes/178323012
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425 2nd SW Albany, OR 97321

  • Price: $1,295,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 32 min ago
  • MLS #: 842895
0
Beds
0
Baths
0
½ Baths
0.37
Acres
14,702
SQFT
$88
$/SQFT
1955
Built
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
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.
Exterior Features

Foundation Slab Parking Spaces 26 Railroad No Siding Block Signage Yes Trailer Parking No View Territorial

Interior Features

Heating ElectricForced AirGas

Property Features

Adjusted Gross Income 157056 Assessments Or Liens No Cap Rate 7.01 Cash Flow Before Taxes 113925 Commercial Type Office Confidentiality Agreement Required No Expenses Actual Or Projected Actual Flood Plain No Gross Sched Income 157056 High Speed Comm Access Available Maintenance 16419 Net Income 90803 New Construction No Owner Managed Yes Owner Occupied No Possession TBD Property Name Raybar Building Property Use Type Any Use-All the Following Seller To Do1031 No Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice BuildingOffice-Business ParkOffice-R&D Tax Amount 23740 Tax Years 2025 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 66253 Water City Water Sewer 66253 Zoning Albany HD

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo

'IDX Member: Keller Williams Mid-Willamette' © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-10-05T14:08:45.1.

IDX Member: Keller Williams Mid-Willamette
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2026 Willamette Valley Multiple Listing Service