John Traweek
  • Office - 206.932.4500
  • Cell - 206.949.5980

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Listing provided courtesy of Premiere Property Group LLC- MLS# 730785963MLS Provider

500 PACIFIC BLVDAlbany, OR 97321

Commercial · 12,890 Sq. ft. | 0.83 Acres
$870,000 Active

500 PACIFIC BLVD Overview

Time on Site:
97 days
Visits:
13

Prime Commercial Investment Opportunity! Located on a high-traffic main thoroughfare, this versatile property offers maximum visibility and endless potential for a range of uses'retail, warehouse, or office. Features include high ceilings, open floor plan, private offices, conference rooms, ample storage, and a separate storage building. Amenities include 3-phase power, four truck bay loading docks, a walk-in cooler, skylights, and ample parking. Partially leased by one tenant, this is a turn-key cash-flowing asset. Recent upgrades include a new 40-year TPO roof (2007), updated siding, concrete fire hose system, exterior paint, and standpipes. See associated docs for details. Don't miss this rare opportunity!

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500 PACIFIC BLVD Facts & Features

  • Type Commercial
  • Sq. ft. 12,890
  • Price/Sq.ft. $67
  • Lot 0.83 Acres

Details

General

Income/Expenses

  • Gross Income: 107560.0
  • Operating Expense: 7678.0

Building Information

  • Year Built: 1947

Location/Region

  • Country: US
  • County Or Parish: Linn
  • MLS Area Major: 221 - Linn County

Tax Information

  • Tax Annual Amount: 6085.88
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,Lease Option
  • Parcel Number: 0396032
  • Property Sub Type: Business Opportunity
  • Property Type: Commercial Sale
  • Zoning: PB

Interior

Building Interior

  • Building Area Total: 12890.0

General Information

  • Heating: Other

Exterior

Lot Information

  • Lot Size Acres: 0.83
  • Lot Size Square Feet: 36154.0
  • Water Source: Public Water

General Information

  • Sewer: Public Sewer

500 PACIFIC BLVD 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.

500 PACIFIC BLVD 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.

500 PACIFIC BLVD 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

500 PACIFIC BLVD History

Date Event Value Agent
6/25/2026Source: Regional MLS Price Reduction
$870,000 -20.9%
3/24/2026Source: Regional MLS Added to Database
March 24, 2026