For Sale
$149,000

423 2Nd AveAlbany, OR 97321

High-potential deli, 5,000 sq ft, low rent.

Overview

Added:
Feb 3
Days on market:
62
This exceptional business opportunity encompasses a substantial 5,000 square foot building located at 423 SE 2nd Ave Unit 423, Albany, OR. Currently operating as a deli, the property boasts an incredibly low monthly rent of $2,300, representing a significant advantage for potential buyers. The building includes a walk-in cooler, ample private parking, extensive storage rooms, and a garage, providing excellent operational functionality. A small hood system is already installed, facilitating hot deli offerings. While current daily sales are approximately $1,300 (previously higher with full inventory), the low inventory presents a clear opportunity for growth and increased profitability under new ownership. The asking price is $149,000, with seller financing available requiring a $100,000 cash down payment. This presents a compelling investment opportunity in a prime Albany location, offering substantial space, established operations, and significant potential for return. The property is situated in a convenient and accessible location, making it an attractive proposition for both established businesses and new ventures. The low rent and existing infrastructure significantly reduce initial investment costs, allowing for a quicker path to profitability. This is a rare chance to acquire a well-situated, established business with considerable upside potential.

Property Details for 423 2Nd Ave

Property type
Investment properties
Square Feet
5,000 SF

Location Insight

City
Albany
County
Linn
State
Oregon
Latitude
44.63736
Longitude
-123.1003
423 2Nd Ave, Albany, Oregon

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423 2Nd Ave
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