340 Washington St Sw, Albany, OR 97321

Listing Courtesy of SMI REAL ESTATE. Cell: 541-990-3795 Selling Office: PREMIERE PROPERTY GROUP, LLC ALBANY.

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$550,000
List Price
$550,000
Status
CLOSED
Closing Date
Sep 30, 2026
MLS#
837519
Subtype
Commercial Sale
Year Built
1954
Living Area
2,955
Lot Size
5,227
Acres
0.12
Building Name
340 Sw Washington St
MLS Area Major
80 Linn County

Property Description

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.

Additional Information

Taxes
$6,618

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.