The vacant lot at 370 Burkhart St. SE looked like this on Feb. 26, 2026.
Cleared of the defunct concrete tank that once was part of the Albany water system, the vacant lot at 370 Burkhart St. SE is up for sale again.
The City of Albany sold the surplus property for $4,000 in 2021, when the lot was still encumbered by that unwieldy tank. With the tank demolished and gone, now the lot is on the market for an asking price of $284,000.
A commenter on my most recent story on this property (Feb. 12) noted that it was for sale. On a bike ride Thursday I saw a sign to that effect.
An online advertisement says:
“BUILDER & INVESTMENT ALERT! Rare opportunity: one property, three separate tax lots. City water, sewer, natural gas and electricity available at the property line. Suitable for single dwellings, townhomes, or multi-unit potential. (Buyer to verify with City of Albany). Prime location positioned for immediate development. Listing agent is related to seller.”
Actually the property is a single L-shaped tax lot that measures 15,486 square feet, according to the online records of the Linn County assessor. But pesumably it could be subdivided.
The lot is in the RM zoning district. The city’s development code says: “The RM District is primarily intended for medium-density residential urban development that includes single-dwelling units, townhouses, duplexes, triplexes, fourplexes, cottage clusters, and apartments up to 45 feet tall.”
Something may eventually get built there. Whatever it is, chances are it will be “medium dense.” (hh)
Is it possible for you to do a follow up on Hub City. Just to see how they are doing and if and all expectations are met.
JUST $ 22 MILLION WILL FIX THAT LOT, NO PROBLEM…..OH MY
It will be interesting to see what gets built there. I wanted a refresher of how it looked when the tank was there. It was quickest for me to just go to Google Maps. One year old photo had it.
As recall they basically stole the place because they had a plan for housing that the then Council approved of. Doesn’t seem to fulfill that promise.