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

Listing Courtesy of ROCKHOLT REAL ESTATE. Cell: 541-250-2826 Selling Office: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY.

$745,000
2,768
SqFt
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$745,000
List Price
$825,000
Contact Us Call Us View on Map New Search

(503) 838-1912

Property Description

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.

(503) 838-1912
Contact Us
Search All Properties
Request Info Add to Favorites
Add to Favorites Request Information New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.