442 1st St WAlbany, OR 97321

Rare opportunity to lease a landmark ±4,000 SF restaurant in the heart of historic Downtown Albany. Across from the iconic Historic Carousel & Museum, this destination space boasts soaring ceilings, exposed brick walls, polished concrete floors, fireplace, covered outdoor dining, and a signature half-wall running the length of the dining room for easy event separation. The commercial kitchen with a hood and walk-in cooler completes this special opportunity. Includes 2 ADA baths, office, basement storage. A rare opportunity to lease one of historic Downtown Albany's most celebrated restaurant spaces. At approximately 4,000 square feet and positioned across from the iconic Albany Historic Carousel & Museum, 442 1st Ave W has long been a destination dining experience — home to the beloved Sybaris Bistro and a testament to the exceptional operators who made it a community landmark.Step inside and the character speaks for itself. Soaring ceilings draw the eye upward while warm pendant lighting casts an inviting glow across polished concrete floors. Exposed original brick walls line the interior throughout, adding warmth and texture from the dining room all the way into the kitchen. A signature half-wall runs the full length of the restaurant, creating a natural separation between seating areas without sacrificing the open, airy feel the space is known for. An original fireplace anchors one end of the dining room, providing a cozy focal point that guests gravitate toward on cool Willamette Valley evenings.The exterior is equally impressive — a beautifully preserved historic facade with ornate decorative detailing and large storefront windows that flood the interior with natural light and offer prime street visibility along one of Albany's most beloved downtown corridors.The commercial kitchen is ready for a new operator, featuring a professional hood system, walk-in cooler and generous prep space — all framed by the same exposed brick character found throughout the building.With the Historic Carousel & Museum drawing visitors from across the region just steps away, and summer events on the Willamette River; foot traffic and built-in community engagement come with the address. This is a turnkey opportunity for an experienced restaurateur ready to plant roots in a space rich with history, soul, and a loyal customer base primed for what comes next. Opportunities like this rarely come available.