503-200-2031
3225 Santiam Hwy SE, Albany, OR for Sale
Restaurant - FOR SALE
1/4
null | Request Cap Rate

3225 Santiam Hwy SE
Albany, OR 97322


HIGHLIGHTS

  • Interstate 5 Visibility
  • 1.75 Acre Development Site
  • Rare Interstate 5 Exit Location

OVERVIEW

THE GARSKE GROUP OF MARCUS & MILLICHAP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET THE SANTIAM COMMERCIAL DEVELOPMENT, an exceptional investment opportunity awaits at 3225 Santiam Hwy SE, Albany, OR, spanning two parcels over 1.75 acres. One parcel is zoned Community Commercial (CC), ideal for small to medium-sized businesses, while the other is zoned Residential (RS-6.5), designated for low-density urban residential development with 6–8 dwelling units per acre. Notably, the Residential parcel offers the option to be rezoned as Community Commercial, further enhancing its investment potential. Strategically located off I-5, this property enjoys high visibility and easy accessibility, with traffic counts exceeding 19,500 vehicles per day (VPD) on Santiam Hwy and approximately 53,200 VPD on I-5. The site features ample parking and a dedicated turn lane, ensuring convenience for future tenants and customers alike. The Community Commercial (CC) zoning allows for diverse business opportunities, including retail, personal services, restaurants, and office spaces, all designed to complement the surrounding residential areas. The location is perfectly positioned to serve the local population, ensuring a steady flow of customers. With Albany’s ongoing efforts to revitalize its commercial zones and the property’s prime location, this site represents a highly attractive investment in a growing market.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Santiam Commercial Development Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

CC

APN/PARCEL ID

0108379,0754875

ASK ABOUT THIS PROPERTY

Eric GarskeMarcus & MillichapMore Info
503-200-2031

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Eric GarskeMarcus & MillichapMore Info
503-200-2031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.