200 Center Ave Molalla, OR 97038
- Commercial real estate
- 0.68 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 200 Center Ave
- Year built
- 1980
- Lot size
- 0.68 lot acres
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 52E09CB03001
- APU
- 52E09CB03001
Description
This exceptional 4,500 square foot commercial building is situated on a beautifully landscaped 0.68-acre corner lot in the rapidly expanding city of Molalla, Oregon. Previously utilized as a bank, this property boasts a wealth of desirable features, including a drive-through window and a secure vault, perfect for a variety of commercial ventures. The expansive lobby area is awash with natural light, thanks to its large windows and high ceilings, creating a welcoming and inviting atmosphere. The building's versatile layout lends itself to a wide range of uses, from professional offices and retail spaces to restaurants and cafes. The drive-through window presents a unique opportunity for businesses offering food or beverage services. Additional amenities include a sizable break room, multiple restrooms, ample storage space in the rear, and a generous parking lot. A prominent free-standing light box pylon sign provides excellent visibility and advertising potential for your business. This turnkey property is ready for immediate occupancy and offers an exceptional opportunity for entrepreneurs seeking a prime location in a thriving community. Showings are by appointment only. The asking price is $1,399,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $865,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $740,000
- 6.5%
- $710,000
- 7%
- $705,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $655,000
- Geo Method
- $705,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $820,000
- Retail
- $735,000
- Mixed-Use
- $720,000
- Hospitality
- $815,000
- Educational
- $705,000
- Residential Income
- $635,000
- Energy
- $735,000
- Income-Based Land
- $825,000
- Food Service
- $640,000
Location Insight
- Map
- Local Demand
- City
- Molalla
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.575
- Latitude
- 45.1486
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA