Investment Overview

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.