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1215 SHORTRIDGE ST, Albany, OR 97322
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$850,000
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Home Details for 1215 SHORTRIDGE ST
Price
$850,000
Type
Commercial/Industrial
Year Build
1972
Lot Size
0.34
County
Linn
Tax
$4,617.13
MLS®️ Listing#
453656424
On exitrealty.com
262 days
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.
- Parking
- On Site
- Paved
- Cooling Information
- Central Air
- Heating Information
- Forced Air
- Water Features
- Public
Listing Courtesy: RockholtRE LLC - 541-250-2826. Presented by: Joshua Rockholt
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than EXIT Realty are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2025 RMLS of Portland, Oregon. All Rights Reserved.Last Updated: 2025-10-04 15:01:48
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$850,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702