What is the asking price for Western Union Building?

Please use the contact form to get in touch with a broker and find out more about renting space here.

What is the total size of Western Union Building?

The property has a total square footage of 4,500 SF.

How many parking spaces are available at Western Union Building?

Parking information for the property isn't currently listed. However, other nearby parking options include Arboretum Parking Lot, located 6.26 miles away , and Samaritan Hospital Parking, which is 7.55 miles away.

309 W 1st Ave, Albany, OR 97321 | CommercialCafe.com

For Sale Subject To Offer
Property Type Retail - Street Retail
Property Size 4,500 SF
Date Updated May 6, 2026

Description

*Beautiful Architectural mixed-use opportunity in downtown Albany. The street-level retail/office space can remain one open layout or be reconfigured into two separate units (buyer to verify). The second level offers a spacious 2 bed, 2 bath residential unit with a long term tenant. Layout may allow future reconfiguration, including additional storage in the back and a rear office (buyer to do their own due diligence). A great opportunity for an owner-operator seeking a flexible work/live asset in the heart of downtown Albany.

Highlights

Downstairs Unit has updated flooring, lighting, and HVAC system (ductless headers)
Storage space in the back could be reconfigured into additional office space to lease out with a rear entrance
Tenant downstairs is vacating both sides on or before 02/01, giving opportunity for an owner occupant (SBA financing options as the downstairs is over 50% of entire building SQFT)
Upstairs unit is rented for around $1,600 and is due for a rent increase. The upstairs could be configured to add two more bedrooms, increasing rental rate or dividing into rent-by-the-room opportunities or short/mid term rental