Mixed-Use
Historic First Ave Lofts & Restaurants
208 W 1st Ave, Albany, OR 97321
Listing Price: $1,325,000
Investment Overview
The Historic First Ave Lofts & Restaurants, historically known as the Conn and Huston Building, a premier investment opportunity in the heart of Albany, Oregon, the county seat of Linn County. Originally constructed in 1900, the building underwent major renovations in 2010, converting the upper floor into two period apartments. This historic property spans 6,900 square feet of mixed-use space on a 0.1-acre lot, housing four distinct suites occupied by Camille’s Bistro, Sweet Easy, and two multifamily units. The building’s charm is enhanced by its original brick and wood flooring, reflecting Albany’s rich architectural heritage. Located in historic downtown Albany, it benefits from high visibility with over 22,000 vehicles passing by on the Albany-Corvallis Highway and more than 6,000 vehicles daily on West 1st Avenue, ensuring consistent foot traffic and a prime setting for retail and residential tenants.
The Historic First Ave Lofts & Restaurants stands as a notable historical building in Oregon, embodying the unique architectural style of the past while integrating modern upgrades. In 2023, Camille’s Bistro saw enhancements to its bar area, adding to the property’s appeal. Situated in a vibrant downtown area, the building enjoys a steady influx of visitors attracted to the district’s eclectic mix of shops, dining, and cultural attractions. This investment offers a rare blend of stable income from established tenants and potential for value appreciation in a growing market. With its prime location and historical allure, the Historic First Ave Lofts & Restaurants is a standout investment in a thriving community.
Investment Highlights
- Located in historic downtown Albany, Historic First Ave Lofts & Restaurants offers a vibrant setting with rich history and diverse amenities, making it ideal for retail and residential tenants.
- Located off the Albany-Corvallis Highway with 22,000 vehicles daily and W 1st Avenue with 6,000, the property enjoys exceptional visibility and traffic, boosting tenant exposure and business growth.
- The property features 6,900 sq. ft. of mixed-use space, including four tenant-occupied suites like Camille's Bistro and Sweet Easy, plus two multifamily units, ensuring diverse income and stability.
- Originally built in 1900 as the Conn and Huston Building, Historic First Ave Lofts & Restaurants blends original charm with renovations in 2010 and updates in 2023, making it a valuable asset.
- This historic property features two multifamily units in downtown, showcasing original linoleum, 13-foot ceilings, skylights, and a rare two-car garage, combining charm with upgrades for great rental potential.
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Financing By
Listing Price: $1,325,000
Investment Highlights
- Located in historic downtown Albany, Historic First Ave Lofts & Restaurants offers a vibrant setting with rich history and diverse amenities, making it ideal for retail and residential tenants.
- Located off the Albany-Corvallis Highway with 22,000 vehicles daily and W 1st Avenue with 6,000, the property enjoys exceptional visibility and traffic, boosting tenant exposure and business growth.
- The property features 6,900 sq. ft. of mixed-use space, including four tenant-occupied suites like Camille's Bistro and Sweet Easy, plus two multifamily units, ensuring diverse income and stability.
- Originally built in 1900 as the Conn and Huston Building, Historic First Ave Lofts & Restaurants blends original charm with renovations in 2010 and updates in 2023, making it a valuable asset.
- This historic property features two multifamily units in downtown, showcasing original linoleum, 13-foot ceilings, skylights, and a rare two-car garage, combining charm with upgrades for great rental potential.
Investment Overview
The Historic First Ave Lofts & Restaurants, historically known as the Conn and Huston Building, a premier investment opportunity in the heart of Albany, Oregon, the county seat of Linn County. Originally constructed in 1900, the building underwent major renovations in 2010, converting the upper floor into two period apartments. This historic property spans 6,900 square feet of mixed-use space on a 0.1-acre lot, housing four distinct suites occupied by Camille’s Bistro, Sweet Easy, and two multifamily units. The building’s charm is enhanced by its original brick and wood flooring, reflecting Albany’s rich architectural heritage. Located in historic downtown Albany, it benefits from high visibility with over 22,000 vehicles passing by on the Albany-Corvallis Highway and more than 6,000 vehicles daily on West 1st Avenue, ensuring consistent foot traffic and a prime setting for retail and residential tenants. The Historic First Ave Lofts & Restaurants stands as a notable historical building in Oregon, embodying the unique architectural style of the past while integrating modern upgrades. In 2023, Camille’s Bistro saw enhancements to its bar area, adding to the property’s appeal. Situated in a vibrant downtown area, the building enjoys a steady influx of visitors attracted to the district’s eclectic mix of shops, dining, and cultural attractions. This investment offers a rare blend of stable income from established tenants and potential for value appreciation in a growing market. With its prime location and historical allure, the Historic First Ave Lofts & Restaurants is a standout investment in a thriving community.