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Listing provided courtesy of VINTAGE REALTY NORTHWEST: 541-754-7314.

232 Ellsworth (-234) SW

Albany, OR 97321
  • $465,000
  • STATUS: Active
  • ON SITE: 254 Days
  • MLS #: 808206
$465,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of VINTAGE REALTY NORTHWEST: 541-754-7314. Listing information © 2024 Willamette Valley Multiple Listing Service



Description

Single National Tenant with Corporate Guaranty. Prominent downtown corner location on 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. Current under-market lease expires in July 2027 with one five-year option at market. Huge upside upon renewal. Tenant has occupied since 2015. True legacy asset. Perfect for excess 1031 funds, portfolio cash, or future business location. Owner is a licensed broker in Oregon.

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Willamette Valley MLS logo © 2024 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-04-04T00:08:50.837.
www.suelongrealty.com/homes/142205717
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232 Ellsworth (-234) SW Albany, OR 97321

  • Price: $465,000
  • Status: Active
  • On Site: 254 Days
  • MLS #: 808206
0
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
Single National Tenant with Corporate Guaranty. Prominent downtown corner location on 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. Current under-market lease expires in July 2027 with one five-year option at market. Huge upside upon renewal. Tenant has occupied since 2015. True legacy asset. Perfect for excess 1031 funds, portfolio cash, or future business location. Owner is a licensed broker in Oregon.
Exterior Features

Access PavedState Highway Building1 Info Interior renovation in 2014-15. New roof&HVAC 2021 Foundation Slab Frontage Feet 120 Parking Spaces 7 Roof Other (Refer to Remarks) Siding BlockBrick Signage Yes Trailer Parking No

Interior Features

Heating Central ACForced AirGas

Property Features

Assessments Or Liens No Commercial Type Office Confidentiality Agreement Required No Cross Street 3rd Ave SW Expenses Actual Or Projected Actual Gross Sched Income 22320 High Speed Comm Access Present Insurance 1100 New Construction No Owner Managed Yes Owner Occupied No Parking Ratio Per1000 SF 4.5 Possession COE* Property Name Edward Jones Building Property Taxes 4250 Property Use Type BusinessInvestment Seller To Do1031 No Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 4250 Tax Years 2022-23 Tenancy Single Terms Seller Will Consider CashConventional Water City

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-04-04T00:08:50.837.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of VINTAGE REALTY NORTHWEST: 541-754-7314. Listing information © 2024 Willamette Valley Multiple Listing Service