340 Washington St SW, Albany, OR 97321 | MLS #837519 | Berkshire Hathaway HomeServices Northwest Real Estate
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Listing provided courtesy of SMI REAL ESTATE- MLS# 837519MLS ProviderContact Information: Cell: 541-990-3795

340 Washington St SWAlbany, OR 97321

Commercial · 2,955 Sq. ft. | 0.12 Acres
$550,000 ACTIVE UNDER CONTRACT

340 Washington St SW Overview

Time on Site:
139 days
Visits:
42

Accepted Offer with Contingencies. 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.

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340 Washington St SW Facts & Features

  • Type Commercial
  • Sq. ft. 2,955
  • Price/Sq.ft. $186
  • Lot 0.12 Acres

Details

General

Building Information

  • Year Built: 1954

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: 80 LINN COUNTY

Tax Information

  • Tax Annual Amount: 6618

General Information

  • Property Sub Type: Office
  • Property Type: Commercial

Interior

General Information

  • Foundation Details: Continuous
  • Living Area: 2955

Exterior

Lot Information

  • Lot Size Acres: 0.12
  • Lot Size Square Feet: 5227
  • Water Source: City

General Information

  • Sewer: City

340 Washington St SW Neighborhood

Community

97321 (Albany) Demographics

42
Median Age
391
Population Density (per sq. mile)
45%
College Educated
$76,107
Estimated Median Income
7,801
Estimated Total Home Owners
2,606
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

340 Washington St SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

340 Washington St SW Market Data

Based on the last 30 days in this zip code

$631,331
Average List Price
$282
Average Price per Square Foot
53
Properties Sold
84
Average Days on Market
209
Properties for Sale
Calculations provided by Reliance Network

340 Washington St SW History

Date Event Value Agent
3/2/2026Source: Willamette Valley MLS Status Change
ACTIVE UNDER CONTRACT
2/10/2026Source: Willamette Valley MLS Added to Database
February 10, 2026
11/30/2023Source: Willamette Valley MLS - Sold Data Added to Database
November 30, 2023