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Bike N Hike | 424 1st Ave SW
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Bike N Hike 424 1st Ave SW
7,264 SF Retail Building Albany, OR 97321 £555,909 (£77/SF)
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EXECUTIVE SUMMARY
Classic Historical downtown building with 7,264 SF of glass front retail. 1900's construction of exposed brick and glass with 50' of 1st street frontage. Currently one space with the opportunity to divide into 2 multi-tenant units. Large open splay floor with back storage and two loft spaces. TPO membrane roof approximately 10 year. Possible owner carry with 25% down at 5% with at 5 year ballon payment. pretty is lease through 1/15/25 early occupancy can be negotiated.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
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Annual | - |
Annual Per SF | - |
Total Expenses | |
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Annual | $99,999 |
Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
7,264 SF
Year Built/Renovated
1900/2014
Price
£555,909
Price Per SF
£77
Tenancy
Single
Number of Floors
1
Opportunity Zone
Yes
Zoning
HD - Down Town central business zoning.
Frontage
50 ft on SW 1St Ave
AMENITIES
- Mezzanine
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0081352 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £114,228 |
PROPERTY TAXES
Parcel Number
0081352
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£114,228
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Bike N Hike | 424 1st Ave SW
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