Listing Provided By: Kenneth Marshall with Vintage Realty Northwest
Single National Tenant with Corporate Guaranty. Outstanding prominent corner location on major State Highway (20). Stand alone building with full interior renovation in 2014-15, new 25-year roof and HVAC in 2021. 7 on-site parking spaces. Five years remaining on current lease with one five-year option at market rate. Huge upside on the renewal. Tenant has occupied since 2015. A true legacy asset. Perfect for excess 1031 funds or excess portfolio cash. Owner is a licensed Broker in Oregon.
- Price:
- $650,000
- Square Footage:
- 1,536
- Acreage:
- 0.13
- Year Built:
- 1966
- Listing ID #:
- 22393148
- Street Address:
- 232 Ellsworth St SW
- City:
- Albany
- State:
- Oregon
- Postal Code:
- 97321
- County:
- Linn
- Community:
- 221 - Linn County
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Building Condition:
- Updated/Remodeled
- Ceiling Height:
- 8
- Construction Type:
- Block, Brick, Concrete
- Stories:
- 1
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 1536
- Year Built:
- 1966
- Business Description:
- Edward Jones
- Gross Income:
- 21720
- Operating Expense:
- 5150
- Year Established:
- 2015
- Approximate Total Acres:
- 5, 000 To 6, 999 Sqft
- Conforms To Zoning:
- C2
- Existing Land Use:
- Office
- Lot Square Footage:
- 5662
- Road Type:
- Paved
- Annual Lease Rate:
- 1810
- Days On Market:
- 247
- Included In Sale:
- Building, Land, Sign
- On Market Date:
- 2022-07-22
- Originating Mls:
- Regional Multiple Listing Service, Inc.
- Terms:
- Cash
- Property Taxes:
- $4,151
- Tax Year:
- 2022
- Garage Parking Spaces:
- 7
- Parking Description:
- Leased, On Site
- Parking Spaces:
- 7
- Cooling System:
- Energystar Air Conditioning
- Existing Water:
- Public Water
- Has Central Air Conditioning:
- Yes
- Heating:
- Energystarqualifiedequipment
- Heating Fuel:
- Gas
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Kenneth Marshall with Vintage Realty Northwest
-
All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 3/27/2023 5:07 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
