Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
Albany, OR 97322,1215 SHORTRIDGE ST
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Listed by RockholtRE LLC • 541-250-2826
$850,000
Est. payment /mo
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2,768 SqFt
Active

1215 SHORTRIDGE ST Albany, OR 97322

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Tom Taylor

Tom Taylor

MORE Realty

+1(503) 575-8620

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)

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 12
  • 7

    Central Elementary School

    Public | 3 - 5

  • 6

    Oak Elementary School

    Public | KG - 5

  • 6

    Timber Ridge Middle School

    Public | 3 - 8

  • 5

    Lafayette Elementary School

    Public | KG - 5

  • 5

    Periwinkle Elementary School

    Public | KG - 5

  • 5

    Waverly Elementary School

    Public | KG - 5

  • 4

    Sunrise Elementary School

    Public | KG - 5

  • 4

    South Shore Elementary School

    Public | KG - 5

  • 0

    Albany Christian School

    Private | PK - 8

  • 0

    Standard Christian School

    Private | KG - 12

  • 0

    Good Shepherd Lutheran School

    Private | PK - KG

  • 0

    Clover Ridge Elementary School

    Public | KG - 2

Middle Schools 3
  • 8

    North Albany Middle School

    Public | 6 - 8

  • 3

    Calapooia Middle School

    Public | 6 - 8

  • 0

    Three Lakes High School

    Public | 6 - 12

High Schools 2
  • 5

    South Albany High School

    Public | 9 - 12

  • 0

    Albany Options School

    Public | 9 - 12

School and business data provided by Attom Data.

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Tom Taylor

Tom Taylor

Agent | License ID: 201216648

+1(503) 575-8620

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1215 SHORTRIDGE ST