1. Oregon
  2. Albany
  3. 1209 SE Shortridge (& 1215) St
$825,000

1209 SE Shortridge (& 1215) St, Albany, OR 97322

  • 2,768 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $298/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Listing Office:
ROCKHOLT REAL ESTATE : 541-250-2826
Listing Agent:
JOSH ROCKHOLT : 541-250-2826
MLS ID:
826012
  • General: High Speed Internet
  • A/C: Central Air
  • Heating: Forced Air

This listing courtesy of JOSH ROCKHOLT, ROCKHOLT REAL ESTATE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Shore Elementary School

910 Bain St SE, Albany, OR, 97322

Grades KG-5

0.24 miles away

C

Calapooia Middle School

830 24th Ave SE, Albany, OR, 97322

Grades 6-8

1.46 miles away

A

Albany Options School

701 19th Ave SE, Albany, OR, 97322

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.