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29290 S Old Molalla Rd, Molalla, OR 97038 — photograph 1

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29290 S Old Molalla Rd, Molalla, OR 97038 — photograph 1
2 Beds1 Bath1,522 sqft

29290 S Old Molalla Rd, Molalla

$1,095,000

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ActiveMLS®: 594476911Listing held by another brokerage, marked RMLS
Price per sqft
$719.45
Built in
1964
Property size
1,522 sqft
Lot size
3.62 acres
Property type
Residential
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

Fireplaces
0
Cooling
No
Heating
Yes
Heating description
Forced Air

Exterior and lot

Lot size
3.62 acres
Exterior features
Workshop, Yard
Lot features
Corner Lot, Level, Public Road, Trees
Architectural style
Double Wide Manufactured
Roof
Flat
View
Yes
View description
Territorial, Trees / Woods

Utilities

Sewer
Septic Tank
Water source
Well

Parking

Garage spaces
2
Parking
Driveway, RV Access Parking
Total parking
2

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

29290 S Old Molalla Rd, Molalla, OR 97038

Map showing the location of 29290 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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