OR > Albany
Albany, OR 97322,1209 Shortridge (& 1215) St
Albany, OR 97322,1209 Shortridge (& 1215) St
Albany, OR 97322,1209 Shortridge (& 1215) St
Albany, OR 97322,1209 Shortridge (& 1215) St
Albany, OR 97322,1209 Shortridge (& 1215) St
Albany, OR 97322,1209 Shortridge (& 1215) St
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Listed by JOSH ROCKHOLT • ROCKHOLT REAL ESTATE • Cell: 541-250-2826
$ 850,000
Est. payment | /mo

2,768 SqFt

Save Virtual Tour
$ 850,000
Est. payment | /mo
Save Virtual Tour

2,768 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,768 sqft

Price per Sqft $307

MLS Listing ID 826012

Year Built 1972

Annual Tax Amount $4,617

Tax Year 2024

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Office

Property Description

Solid 7.7% cap rate from this mixed commercial/residential income property. Both buildings are leased. 3 yrs of 5 left on the commercial NNN lease with 3% annual increases. The 1 yr res lease just started. Res pays their utilities. No deferred maintenance. Fantastic high traffic location half a block off Santiam Hwy with signage visible from the Hwy.

Location

State OR

County Linn

Area 80 Linn County

Interior

Heating Central AC, Forced Air

Exterior

Garage Spaces 19.0

Fence Partial

View Territorial

Roof Type Composition

Building

Foundation Slab

Sewer City

Water City

New Construction No

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/yE5EUN9x0lw

Willamette Valley MLS (WVMLS)
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1209 Shortridge (& 1215) St