Listing provided courtesy of SMI REAL ESTATEMLS# 837519MLS ProviderContact Information: Cell: 541-990-3795
  • 140 days on site
  • 42 views

Accepted Offer with Contingencies. Own a cornerstone in Albany's Historic Downtown. 2,955 SF brick building (HD Zoning) with 5 on-site parking spaces. Built in 1954, fully rebuilt to studs / roof framing in 1998 then refreshed with new exterior and roof in 2025. Three private-entry suites; occupy the 1,450 SF primary suite while Edward Jones and Habitat for Humanity provide $2,335/mo gross income. Rare own-vs-lease opportunity in a high-visibility location.

Source: Willamette Valley MLS, MLS#: 837519

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  • Property Type
    Commercial Sale
  • Lot
    0.12 acres

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  • Median Age
    42
  • Population Density
    391
  • College Educated
    45%
  • Estimated Median Income
    $76,107
  • Estimated Total Home Owners
    7,801
  • Estimated Total Renters
    2,606
  • Owner / Renter Divide
    75% / 25%
  • Estimated Average Household Size
    3
  • Total Population
    27,131
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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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.

Life at 340 Washington St SW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/2/2026Source: Willamette Valley MLS Status Change
ACTIVE UNDER CONTRACT
2/10/2026Source: Willamette Valley MLS Added to Database
February 10, 2026
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023