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"
Active
$1,095,000
29281 S Old Molalla Rd, Molalla, OR 97038
--beds
0baths
3.62Acres
Unimproved Land
Built in ----
3.62 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 17 hours |
- 19 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Tracy Keegan 503-997-7145,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 399164386
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Features
- Bathroom, Kitchen
- Flooring: Concrete
Property
Features
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 3.62 Acres
- Features: Corner Lot, Trees, Level, Acres 3 to 5
Details
- Additional structures: Existing Structures, Other Structures Bedrooms Total (2), Other Structures Bathrooms Total (1), MobileHome, Residence, MobileHomeWorkshop, Workshop
- Additional parcels included: 01039726,05022831
- Parcel number: 01039762
- Zoning: RC
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Cable Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Annual tax amount: $3,859
- Date on market: 5/22/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $1,095,000 |
Source:  RMLS (OR) #399164386 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97038
Nearby schools
GreatSchools rating
- 4/10Mulino Elementary SchoolGrades: K-5Distance: 2.7 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Mulino
- Middle: Molalla River
- High: Molalla
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Clackamas County
- Molalla
- 97038
- 29281 S Old Molalla Rd
Nearby cities
Nearby zip codes
Other Molalla Topics
