129 W 1st Ave

Investment Highlights

Heart of downtown Albany Large public parking next door Lots of traffic

Executive Summary

Rare opportunity to own a downtown commercial building, that is at a premiere location between the east and west corridor of highway 20. Loads of potential and uses in a well kept up area of downtown Albany. This building is surrounded by great establishments and a large parking lot. Being sold as is. Buyer to do due diligence in regards to use. Will need interior/exterior renovations. Listing agent has interest in property.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront Restaurant
• Building Size    4,488
• Building Class    C
• Year Built    1920
• Price    450,000
• Price Per SF    100
• Tenancy    Single
• Building Height    1 Story
• Building FAR    1.03
• Land Acres    0.10 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.