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317 W 1st Ave
Albany, OR 97321

$3,576 - $5,347 USD/MO

Storefront Retail Office For Lease • 1,788+ SF

Property Details

Property Type Storefront Retail Office
Year Built 1900
Total Building Size 23,000 SF
Tenancy Multiple
Building Class B
Zoning HD

30 Transit Score

70 Walk Score

3 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste 101	Office	2,546 SF	$25.20 USD/SF/YR
Position your business in one of Downtown Albany's most iconic historic buildings. This 2,546 SF office opportunity in the Historic JCPenney Building offers the rare combination of timeless architectural character and a fully customizable build-to-suit office. Located just steps from Albany's Riverfront Park, restaurants, coffee shops, boutiques, and downtown amenities, the space will be delivered to meet the tenant's specific operational needs. The current approved office plan includes: Eight (8) private offices Reception area with soaring ceilings Conference room Employee break room Open mezzanine overlooking the reception Flexible support and circulation space The layout can be modified to accommodate a tenant's preferred mix of private offices, collaborative workspace, conference rooms, reception, and employee amenities. Historic architectural features include original hardwood flooring on the first floor, exposed brick walls on both levels, wood-framed transom windows on the first floor, and large wood-encased windows on the second floor that provide abundant natural light. Professionally designed plans have already been approved, allowing construction to begin quickly while still providing flexibility to tailor the space to your business. Date available: Oct 2026 Lease term: Negotiable Service type: Triple Net Built out as: Standard Office Space Type: New
1st Floor Ste 103	Office	1,788 SF	$24.00 USD/SF/YR
Located in Albany's iconic historic JC Penney Building, this first-floor office suite offers an efficient layout with five private offices, conference rooms, a reception area, and a kitchenette. Historic brick accents add character, making it an ideal space for professional, legal, financial, or medical office users seeking a distinctive downtown location. Date available: Oct 2026 Lease term: Negotiable Service type: Triple Net Built out as: Standard Office Space Type: Relet In Contiguous block: 3,576 SF
1st Floor Ste 105	Office/Retail	1,788 SF	$25.20 USD/SF/YR
Position your business in one of Downtown Albany's most recognizable historic buildings. Located in the iconic JC Penney Building, this thoughtfully designed office suite blends timeless character with modern functionality, creating an exceptional environment for professional services, creative firms, and collaborative teams. The efficient floor plan features a welcoming reception area, expansive client lounge, multiple conference rooms, private offices, dedicated operations spaces, and support areas designed to accommodate a growing business. Flooded with natural light, the space is highlighted by large operable storefront windows that open directly to the street, creating an inviting atmosphere and a unique connection to Downtown Albany's vibrant pedestrian environment. Date available: Oct 2026 Lease term: Negotiable Service type: Triple Net Built out as: Professional Services Space Type: Relet In Contiguous block: 3,576 SF

Description

The historic JC Penney Building is a Class A office property located in Downtown Albany, Oregon, along the riverfront. Originally home to JC Penney, the building was extensively remodeled in 2007, combining its historic character with the functionality and finishes of a modern professional office environment.

The property features professional office suites, elevator access, and a prominent downtown location near Albany’s riverfront, restaurants, businesses, and community amenities. The building’s combination of historic architecture, quality improvements, and professional setting provides a distinctive alternative to conventional office space.

Ideally suited for professional and service-oriented businesses, the JC Penney Building offers tenants a high-quality office environment in the heart of Downtown Albany with convenient access to the surrounding commercial district and riverfront.

                
                    Highlights
                
                                Daytime foot traffic
                            
                                Professional Office Suites 
                            
                                Professionally Managed and Operated
                            
                                Albany's Downtown Core
                            
                                Historic Renovation and Current Upgrades

Property Flyers

JCPenneyFlyer101copy

Amenities

Bus Line
Signage

Major Tenants

Tenant	SF Occupied	Lease End Date
Acumen Financial
Chicago Title Insurance Company
Clockwise
Country Financial
Fidelity National Title
Glamour Eyes
Guild Mortgage
Level 3 Salon & Spa
Post Law Firm
Signature Healthcare At Home

Public Transportation

Commuter Rail	Drive	Walk	Distance
	2 min	17 min	0.7 mi

McKenna Mikesell 541-979-8005 RSM REAL ESTATE GROUP, LLC

317 W 1st Ave Albany, OR 97321