NEW! Buy and sell safely with virtual options - Learn More
About the Listing 1446 - 14303
Solid 7.95% cap rate from this mixed commercial/residential income property. Both buildings are leased. 3 yrs of 5 left, with 1 renewal option, on the commercial NNN lease with 3% annual increases. The 1 yr res lease is up for renewal Jan 2026. Res pays their utilities. No deferred maintenance. Fantastic high traffic location half a block off Santiam Hwy with signage visible from the Hwy.
Listing Highlights for 1209 SE Shortridge St
Status
Active
Days on Site
176
Property Type
Business Opportunity
MLS ®
826012
Year Built
1972
Total Square Footage
2,768
Lot/Acreage
0.34
County
Linn
Area
80 LINN COUNTY
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Central AC,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 19
- Lot Dimensions: 140x104
- Roof: Composition
- Others: Lap
- Sewer: City
Financial Details
- Tax Amount: $4,617
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
1209 SE Shortridge St Albany, OR 97322
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
