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234 Ellsworth SW

Albany, OR 97321
  • $650,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 791313
UPDATED: 223 min ago
$650,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,536
    SQFT
  • $423
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Vintage Realty Northwest: 541-754-7314. Listing information © 2022 Willamette Valley Multiple Listing Service



Description

National Tenant "Coupon Clipper" with outstanding prominent corner location on major State highway. Stand-alone building with full interior renovation in 2014-15. New HVAC and 25-year roof added in 2021. 5+ yrs remaining on current lease, w/ five-year option to renew at market rent in 2027. A true legacy asset. Perfect for 1031 funds or excess portfolio cash. Other corner neighbors are Chase Bank, Key Bank,& Washington Federal. 7 onsite parking spots (2 leased at $110 per month) Owner is Licensed Broker.

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© 2022 Willamette Valley Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. 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.Data last updated: 2022-05-22T00:09:15.543.
www.midvalleyhomesource.com/homes/127845249
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234 Ellsworth SW Albany, OR 97321

  • Price: $650,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 223 min ago
  • MLS #: 791313
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1,536
SQFT
$423
$/SQFT
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
National Tenant "Coupon Clipper" with outstanding prominent corner location on major State highway. Stand-alone building with full interior renovation in 2014-15. New HVAC and 25-year roof added in 2021. 5+ yrs remaining on current lease, w/ five-year option to renew at market rent in 2027. A true legacy asset. Perfect for 1031 funds or excess portfolio cash. Other corner neighbors are Chase Bank, Key Bank,& Washington Federal. 7 onsite parking spots (2 leased at $110 per month) Owner is Licensed Broker.
Exterior Features

Access PavedState Highway Building1 Info Stand Alone ConcreteBrick Concrete Foundation Slab Frontage Feet 59 Parking Spaces 7 Siding Brick Signage Yes

Interior Features

Heating Central AcForced AirGas

Property Features

Adjusted Gross Income 21720 Assessments Or Liens No Cash On Cash 2.5% Commercial Type Office Confidentiality Agreement Required No Cross Street Sw 3rd Ave Expenses Actual Or Projected Actual High Speed Comm Access Present Insurance 800 Net Income 16570 New Construction No Owner Managed Yes Owner Occupied No Parking Ratio Per1000 SF 4 Possession Coe Property Name Edward Jones Building Property Taxes 4151 Property Use Type Investment Seller To Do1031 No Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 4151 Tax Years 21-22 Tenancy Single Terms Seller Will Consider Cash Total Expenses 5150 Water City Zoning C2

© 2022 Willamette Valley Multiple Listing Service. All rights reserved.


© 2022 Willamette Valley Multiple Listing Service. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. 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.Data last updated: 2022-05-22T00:09:15.543.
 
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eXp Realty
375 Pacific Blvd SW, Suite C
Albany OR, 97321
Listing provided courtesy of Vintage Realty Northwest: 541-754-7314. Listing information © 2022 Willamette Valley Multiple Listing Service