For Sale

Western Union Building

309 W 1st Ave, Albany, OR 97321

*Beautiful Architectural mixed-use opportunity in downtown Albany. The street-level retail/office space can remain one open layout or be reconfigured into two separate units (buyer to verify). The second level offers a spacious 2 bed, 2 bath residential unit with a long term tenant. Layout may allow future reconfiguration, including additional storage in the back and a rear office (buyer to do their own due diligence). A great opportunity for an owner-operator seeking a flexible work/live asset in the heart of downtown Albany.

Key features

  • Downstairs Unit has updated flooring, lighting, and HVAC system (ductless headers)
  • Storage space in the back could be reconfigured into additional office space to lease out with a rear entrance
  • Tenant downstairs is vacating both sides on or before 02/01, giving opportunity for an owner occupant (SBA financing options as the downstairs is over 50% of entire building SQFT)
  • Upstairs unit is rented for around $1,600 and is due for a rent increase. The upstairs could be configured to add two more bedrooms, increasing rental rate or dividing into rent-by-the-room opportunities or short/mid term rental
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Bjorn Beer

SVN | Imbrie Realty

Building Details

  • For Sale Subject To Offer
  • Property Type Retail - Street Retail
  • Property Size 4,500 SF
  • Date Updated May 6, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (69)

  • Bike Score ®

    Very Bikeable (78)
Powered by Walk Score ®

Location

  • City Albany, OR
  • Zip Code 97321
  • Market Eugene

Points of Interest

Shell

0.82 miles

Arco

0.88 miles

Safeway Fuel Station

1.47 miles

Costco Gasoline

1.90 miles

Chevron

2.16 miles

Pacific Pride

2.40 miles

Electrify America

2.97 miles

Love's

5.03 miles

Leather's Fuel

6.15 miles

Samaritan Hospital Parking

7.55 miles

Automobile Parking

7.58 miles

Truck and RV Parking

7.59 miles

Corvallis Clinic Parking

7.65 miles

Rest Area I-5 (South Bound)

7.74 miles

McDonald's Parking lot

7.89 miles

912 and 908 Car parking

7.91 miles

Ross

1.45 miles

Grocery Outlet

1.50 miles

Target

1.53 miles

Bi-Mart

1.54 miles

Safeway

1.56 miles

Marshalls

1.59 miles

Big Lots

1.62 miles

Fred Meyer

1.65 miles

WinCo Foods

2.07 miles

309 W 1st Ave Listing Summary

  • What is the asking price at Western Union Building?

    The asking price for Western Union Building is currently available on demand. Contact the listing broker for details.

  • What is the total size of Western Union Building?

    Western Union Building has a total of 4,500 square feet.

Contact Listing Broker
Bjorn Beer

SVN | Imbrie Realty

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