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3.62 AC Commercial Land Opportunity

29281 South Old Molalla Road Molalla, OR 97038

29281 South Old Molalla Road, Molalla, OR, 97038
$1,095,000
For Sale
$1,095,000

Prime commercial land with high visibility and multiple opportunities.

Property Size1,410 SF
Lot Size3.62 Acres
Price / SF$776.60
Days on Market101

Property Features for 29281 South Old Molalla Road

General Information

Standard status
Active
Size
1,410 SF
Lot size
3.62 Acres
Property subtype
Land / Mixed Use
Listing Agency Premiere Property Group, LLC
Listed by Tracy Keegan · License #900700229
Source Compass
Added: Apr 9 Checked: Jul 17 at 5:00 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC


Investment Insights

Based on property information with market context.

This is a rare opportunity to purchase 3.62 acres of commercial land in a prime business location. Zoned commercial "RC", the property is applicable for residential, retail, and commercial uses. The location offers high visibility on a busy highway, situated on the corner of Highway 213 and Molalla Avenue. The property consists of all flat and usable land, including four parcels: #01039726 (0.72 acres), #01039762 (1.58 acres), #05022831 (1.1 acres), and #05022830 (0.22 acres). A 1,100 square foot shop with office space, concrete floor, and electricity measuring 37'x30' is located on the property. A 1964 manufactured home with 2 beds and 1 bath is present but has no value and is being sold "AS IS". The property has been under the same ownership since 1984. Formerly known as "Keegans Korner", a successful restaurant and pub business operated from this location until a fire in approximately 2000. The RC zoning allows for a multitude of uses. Buyers are to perform their own due diligence for their intended use and the property is selling "as is".

Key Highlights

  • Prime 3.62 ac commercial property with high visibility on a busy highway.
  • Zoned commercial "RC" allowing for residential, retail, and commercial use.
  • Includes four parcels of land.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Parking Lot & Garage Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility HVAC Service Hair Salon Nail Salon Pet Store Pet Store & Service

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

FAQs

What type of property is this?
Commercial land - Prime commercial land with high visibility and multiple opportunities.
Where is this commercial land located?
The property is located at 29281 South Old Molalla Road Molalla, OR.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Prime 3.62 ac commercial property with high visibility on a busy highway.; Zoned commercial "RC" allowing for residential, retail, and commercial use.; Includes four parcels of land.
Contact an agent
More about this property
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