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Listed by JOSH ROCKHOLT • ROCKHOLT REAL ESTATE • Cell: 541-250-2826
$850,000
Est. payment /mo
2,768 SqFt
Active
1209 Shortridge (& 1215) St Albany, OR 97322
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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
