Automotive Shop with Street
301 W MAIN St Molalla, OR 97038
301 W MAIN St, Molalla, OR, 97038
$249,000
For Sale
$249,000
Two contiguous paved lots along W Main St are improved with an operating automotive shop.
Property Size1,800 SF
Lot Size0.63 Acres
Price / SF$138.33
Days on Market22
Property Features for 301 W MAIN St
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.63 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1966
Listing agency
Keller Williams Realty Portland Premiere
(503) 313-8262
Listed by
Bradley King · License #201235429
(503) 313-8262
Source
Xome
Added: Jun 30 Updated: Jul 20 at 6:35PM Checked: Jul 21 at 2:59AM
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 Keller Williams Realty Portland Premiere
Investment Insights
Based on property information with market context.
This offering includes two contiguous paved lots along W Main St, totaling 0.63 acres and currently improved with an automotive shop. The property presents an owner with an in-place automotive operation while also offering the physical flexibility that comes with two adjacent paved parcels.
Located in downtown Molalla’s central commercial area, the site provides street frontage with visibility from W Main St. The property also states easy access to Hwy 213.
For buyers and investors, the site’s current automotive use supports immediate operational occupancy, with the underlying parcel configuration providing a practical base for future property plans.
Located in downtown Molalla’s central commercial area, the site provides street frontage with visibility from W Main St. The property also states easy access to Hwy 213.
For buyers and investors, the site’s current automotive use supports immediate operational occupancy, with the underlying parcel configuration providing a practical base for future property plans.
Key Highlights
- Two contiguous paved lots totaling 0.63 acres along W Main St in downtown Molalla.
- Improved with an operating automotive shop, providing in‑place income.
- Zoned C1 for commercial use.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $9.60 |
| − Vacancy | −$1.1k | −$0.63 |
| EGI | $16.1k | $8.97 |
| − OpEx | −$4.8k | −$2.69 |
| NOI | $11.3k | $6.28 |
1,800 SF · lease $9.60/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$357.6K
$312.9K – $417.3K
NOI $25,035 @ 7.0% cap · market cap 10.05%
Second Best
Industrial
$161.4K
$141.2K – $188.3K
NOI $11,298 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$485.9K
$425.1K – $566.8K
NOI $34,010 @ 7.0% cap · market cap 13.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Jacobsen Transmission Repair — 504 Shaver Ave Suite 115, Molalla, OR 97038
- Precision Repair Solutions — Molalla, OR 97038
- Reasoner's Service — 202 w main st, molalla, or 97038
- Troy's Diesel & Truck Repair — 555 Shaver Ave, Molalla, OR 97038
- Grumpy's Performance Center — Molalla, OR 97038
FAQs
What type of property is this?
Auto shop - Two contiguous paved lots along W Main St are improved with an operating automotive shop.
Where is this auto shop located?
The property is located at 301 W MAIN St Molalla, OR.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two contiguous paved lots totaling 0.63 acres along W Main St in downtown Molalla.; Improved with an operating automotive shop, providing in‑place income.; Zoned C1 for commercial use.
