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    200 Center Ave Molalla, OR 97038

    New
    For Sale
    $1,299,000

    Commercial Sale, Other - Molalla, OR

    Days on Market:
    4
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 200 Center Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    01097208
    Parking
    24
    Parking features
    Paved or Surfaced

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Roof type
    Flat
    Architectural style
    Other

    Engel & Völkers West Portland (503) 303-5917 [email protected]

    Listing agent Tedi McKnight-Heikes (503) 303-5917

    Listing date Dec 10, 2025

    MLS# 376985098 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Molalla Commercial Building with Drive-Through

    Located on a landscaped corner lot in Molalla, this commercial building offers approximately 4,500 square feet of space. Formerly a bank, the building includes a drive-through window and a vault. The lobby area features large windows and high ceilings, providing natural light. The property has potential for various uses, including offices, a restaurant, a retail store, medical offices, a veterinary clinic, or a coffee/food establishment utilizing the drive-through. The building also includes a large break room, restrooms, and storage space in the back. A large parking lot and a free-standing light box pylon sign are available for promoting a business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Molalla
    County
    Clackamas
    State
    Oregon
    Longitude
    -122.575445
    Latitude
    45.148465

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    FAQs

    What type of property is this?
    Bank - Commercial building in Molalla with drive-through, formerly a bank.
    Where is this bank located?
    The property is located at 200 Center Ave Molalla, OR.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - High-visibility corner lot location in fast-growing Molalla.; - Approximately 4500 sq ft commercial building suitable for diverse business types (office, retail, restaurant, medical).; - Existing drive-through window and vault, ideal for businesses needing these features.
    (503) 303-5917
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    200 Center Ave Molalla, OR 97038
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    Molalla, OR 97038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Center Ave Molalla, OR 97038
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