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Listing provided courtesy of Premiere Property Group, LLC- MLS# 399164386MLS Provider

29281 S OLD MOLALLA RDMolalla, OR 97038

Vacant Land · 3.62 Acres
$1,095,000 Active

29281 S OLD MOLALLA RD Overview

Time on Site:
38 days
Visits:
0

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

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29281 S OLD MOLALLA RD Facts & Features

  • Type Vacant Land
  • Lot 3.62 Acres

Details

General

School Information

  • Elementary School: Mulino
  • Middle Or Junior School: Molalla River
  • High School: Molalla

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

Tax Information

  • Tax Annual Amount: 3859.0
  • Tax Year: 2025

General Information

  • Disclosures: Exempt
  • Listing Terms: Cash,Conventional
  • Parcel Number: 01039762
  • Property Sub Type: Mixed Use
  • Property Type: Land
  • Zoning: RC

Interior

Exterior

Lot Information

  • Lot Features: Corner Lot,Trees
  • Lot Size Acres: 3.62
  • Lot Size Square Feet: 157687.0
  • Number Of Lots: 4
  • Road Surface Type: Paved

General Information

  • Other Structures: Mobile Home,NoValue,Residence,Workshop
  • Utilities: ElectricityConnected,SepticTank,Well

29281 S OLD MOLALLA RD Neighborhood

Community

97038 (Molalla) Demographics

38
Median Age
124
Population Density (per sq. mile)
29%
College Educated
$72,432
Estimated Median Income
4,084
Estimated Total Home Owners
1,438
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

29281 S OLD MOLALLA RD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

29281 S OLD MOLALLA RD Market Data

Based on the last 30 days in this zip code

$722,622
Average List Price
$331
Average Price per Square Foot
18
Properties Sold
95
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

29281 S OLD MOLALLA RD History

Date Event Value Agent
5/22/2026Source: Regional MLS Added to Database
May 22, 2026