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$1,299,000
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Property Description
Located on a beautiful landscaped corner lot in fast growing Molalla, this approx 4500 sf commercial building is waiting for you to make your business dreams come true! Formerly used as a bank, this awesome building still has a drive through window and vault. Large windows and high ceilings in the lobby area flood this space with lots of natural light. This beautiful building has the potential for a wide variety of uses. Offices, restaurant, retail store, medical offices, veterinarian cinic,or Coffee/food with the drive through? Large break room, restrooms, storage in the back, a large parking lot and a huge free standing light box pylon sign to promote your perfect business. Shown by appointment only.
Full Property Details
Full Property Details for 200 Center Ave
General
- Price: $1,299,000
- Taxes: $16,024 (2025)
- Status: Active
- Type: Commercial
- Source: RWMLS
- MLS ID: 376985098
- Updated: 12/15/2025
- Added to Site: 114 day(s) ago
Parking
- Total Spaces: 24
- Parking Features: On Site, Paved
Location
- County: Clackamas
- Driving Directions: Main Street to North on Center Ave
Community
- Community Name: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Construction: Stone, Wood Siding
- Roof: Flat
- Stories/Levels: 1
- Square Feet: 4,500
- Year Built: 1980
- Property Condition: Approximately
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,620
- Lot Size: 20, 000 SqFt to .99 Acres
- Frontage: Paved
Financial Considerations
- Operating Expenses: $20,482
- Tax Amount: $16,024.33
- Tax Year: 2025
- Terms: Cash, Contract, Conventional
Disclosures and Reports
- Documents Avail.: Aerial Photo, Floor Plan
- Legal Description: 356 KAYLERS ADD LTS 7-9 BLK 2
- Property ID: 1097208
Listed by Engel & Volkers West Portland (503) 303-5917, Tedi McKnight-Heikes (503) 819-2430
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Schools
Schools serving 200 Center Ave
School District:Molalla River School District 35
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 200 Center Ave
Date
Details
Price
Change
Source
12/10/2025
Listed
$1,299,000
73.2%
MLS
6/07/2021
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 200 Center Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,024
5%
$876,283
3%
2024
$15,258
19%
$850,761
3%
2023
$12,858
-6%
$827,078
—
2021
$13,685
11%
$830,441
4%
2022
$12,367
-10%
$795,555
-1%
2021
$13,685
6%
$806,254
3%
2019
$12,916
3%
$782,771
3%
2018
$12,555
4%
$759,972
3%
2017
$12,038
5%
$737,837
3%
2016
$11,412
3%
$716,347
3%
2015
$11,088
3%
$695,483
3%
2014
$10,744
7%
$675,226
3%
2013
$10,003
—
$655,559
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 200 Center Ave
200 Center Ave, Molalla, OR 97038 (MLS# 376985098) is a Commercial property. 200 Center Ave is currently listed for $1,299,000 and was received on December 10, 2025. Want to learn more about 200 Center Ave? Do you have questions about finding other Commercial real estate for sale in Molalla? You can browse all Molalla real estate or contact a Coldwell Banker agent to request more information.

