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232 Ellsworth StreetAlbany, OR 97321Price: $465,000

  • Price: $465,000
  • 197 Days on Market
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Federal 30-year interest rate: 6.9% last updated on Feb 22, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $465,000List Price
  • 0.13Acreage
  • 1,536Square Feet
Listed by Kenneth Marshall of Vintage Realty Northwest
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Rare Single National Tenant Net Leased Investment for under $500k. Corporate Guaranty. Prominent downtown corner location on State Hwy 20. Stand-alone building with major interior renovations 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 extension "at market". Huge upside upon renewal based on current comps. Tenant has occupied since 2015 and pays all utilities. True legacy asset. Perfect for excess 1031 funds, portfolio cash, or future business location. Owner is a licensed broker in the state of Oregon.

Property Details of 232 Ellsworth Street

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Based on information submitted to OR_RMLS_WEB_API as of February 26, 2024 6:18 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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