OR > Albany
Albany, OR 97322,1215 SHORTRIDGE ST
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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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Jared Hambrook

Jared Hambrook

+1(503) 930-2124
Listed by RockholtRE LLC • 541-250-2826
$ 850,000
Est. payment /mo
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Active

1215 SHORTRIDGE ST Albany, OR 97322

2,768 SqFt

UPDATED:

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)
agent

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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1215 SHORTRIDGE ST

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