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Listed by RYAN BRUSH • SMI REAL ESTATE • 503-559-1444
$ 6,500,000
Est. payment | /mo
42,376 SqFt
$ 6,500,000
Est. payment | /mo
42,376 SqFt
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 42,376 sqft
Price per Sqft $153
MLS Listing ID 816545
Lot Size 0.970 Acres
Acres 0.97
Property Description
Compelling investment opportunity in Albany OR focusing on the new redevelopment of a 42,36 SF grocery store footprint into a 328 unit climate-controlled self-storage facility with 26, 196 SF of gross leasable area. The facility promises to offer secure, clean and affordable storage solutions to meet the growing demand in the region. Unit Leasing to begin soon. Inspection contingent upon accepted offer to purchase. Reach out to listing Broker for further details on the property and financial projections. Lot has been recently partitioned, buyer to confirm with City of Albany / Linn County for finalized dimensions as taxes are to be adjusted accordingly.
Location
State OR
County Linn
Area 80 Linn County
Interior
Heating Heat Pump
Exterior
Fence Yes
Roof Type Built-Up
Building
Sewer City
Water City
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional