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29281 S Old Molalla Rd, Molalla, OR 97038 — photograph 1

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29281 S Old Molalla Rd, Molalla, OR 97038 — photograph 1
3.62 Acres

29281 S Old Molalla Rd, Molalla

$1,095,000

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ActiveMLS®: 399164386Listing held by another brokerage, marked RMLS
Lot size
3.62 acres
Property type
Land
Days on market
113

Overview

RARE OPPORTUNITY TO PURCHASE 3.62 AC FOR PRIME BUSINESS LOCATION WITH MANY OPPORTUNITIES. ZONED COMMERCIAL "RC". APPLICABLE FOR RESIDENTIAL/RETAIL/COMMERCIAL USE. HIGH VISABILITY LOCATION ON BUSY HIGHWAY. ON CORNER OF HIGHWAY 213 AND MOLALLA AVE. ALL FLAT AND USEABLE. INCLUDES 4 PARCELS #01039726 .72 AC, #01039762 1.58 AC, #05022831 1.1 AC, & #05022830 .22 AC. THE 1964 2 BED/1 BATH MANUFACTURED HOME HAS NO VALUE. SOLD 'AS IS". 37'x30' 1100 SF SHOP WITH OFFICE SPACE, CONCRETE FLOOR AND ELECTRICITY. PROPERTY HAS BEEN UNDER THE SAME OWNERSHIP SINCE 1984. A SUCESSFUL RESTUARANT/PUB BUSINESS OPERATED FROM THIS LOCATION UNTIL IT WAS DESTROYED BY FIRE IN APPROX 2000. FORMERLY KNOWN AS "KEEGANS KORNER". RC ZONING ALLOWS FOR A MULTITUDE OF USES. Buyer to perform own due diligence for their intended use. Selling "as is"

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
3.62 acres
Lot features
Corner Lot, Trees
View
Yes
View description
Territorial, Trees / Woods

Schools

High school
Molalla
Middle school
Molalla River
Elementary school
Mulino

Location

City
Molalla
County
Clackamas
Zoning
RC

Taxes and dues

Annual taxes
$3,859 (2025)

Location

29281 S Old Molalla Rd, Molalla, OR 97038

Map showing the location of 29281 S Old Molalla Rd, Molalla, OR 97038
© Mapbox © OpenStreetMap

Monthly payment estimate

$6,150 /mo

20% · $219,000
7.00%
Principal and interest
$5,828
Property tax (2025)
$322
Total
$6,150

Estimate only, and not an offer of credit. Assumes 20% down ($219,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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