1215 Shortridge St, Albany, OR 97322 - Charlotte Mires

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listing

1 of 37

Commercial

$850,000

1215 Shortridge St

Albany, OR 97322

Listing Provided Courtesy of RockholtRE LLC

MLS: Regional Multiple Listing Service (RMLS)

2,768Sq Ft

Est. Mortgage

$4,488/mo

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.

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Information courtesy of RockholtRE LLC is subject to verification and is not guaranteed.

Community / School Information

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Happy Homes Properties, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2018 RMLS™, Portland, Oregon. This content last updated on 05/22/2025 10:25 PM . Some properties which appear for sale on this web site 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.