OR > Albany
Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
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Matt Willcuts

Matt Willcuts

+1(503) 807-8008
Listed by RockholtRE LLC • 541-250-2826
$ 850,000
Est. payment | /mo

2,768 SqFt

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

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 453656424

Year Built 1972

Annual Tax Amount $4,617

Tax Year 2024

Lot Size 0.340 Acres

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 _221

Zoning OP

Interior

Heating Forced Air

Cooling Central Air

Equipment Fixtures, SecuritySystem, Sprinkler

Exterior

View City, Territorial

Roof Type Composition

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Regional Multiple Listing Service (RMLS)
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1215 SHORTRIDGE ST