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1209-1215 Shortridge St SE
Albany, OR 97322

$850,000 USD

Office Residential For Sale  •  2,768 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 2,768 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 7.72 %
  • Tenancy Multiple
  • Zoning OP
0 Transit Score
75 Walk Score

Highlights

3% annual increases
Fantastic high traffic location half a block off Santiam Hwy with signage visible from the Hwy

Financial Summary (Proforma)

Net Operating Income: $65,980 USD (2025)
Cap Rate: 7.72 %
Total Expenses: $7,127 USD

Amenities

  • Fenced Lot
  • Signage
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Albany Amtrak Station (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak) 4 min - 2.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Joshua Rockholt 541-250-2826 Rockholt Real Estate
Joshua Rockholt 541-250-2826 Rockholt Real Estate