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318 E Main St, Molalla, OR 97038
$1,100,000
318 E Main St, Molalla, OR 97038View this property at 318 E Main St, Molalla, OR 97038
318 E Main StMolallaOR97038
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Property Description
Discover an exceptional investment opportunity with this remarkable commercial property portfolio, presenting 3 neighboring properties being sold as a single unit. This portfolio encompasses one medical clinic & two residential homes that have been rezoned for commercial use. This commercial location offers both visibility & convenience. Nestled within a bustling commercial district of Molalla, Oregon. These properties benefit from high foot traffic, excellent connectivity, and close proximity to major amenities. The clinic features eight clinic rooms with exam beds, along with a few office rooms, and an ex-ray room. Complementing the medical clinic are two residential homes that have been rezoned for commercial use, offering immediate income potential. Currently occupied by tenants on a month-to-month basis, these properties provide a stable and reliable cash flow while presenting an exciting opportunity for future development. The commercial zoning provides the flexibility to shape the properties according to your vision & the evolving needs of the area. SELLER IS WILLING TO ACCEPT CONTRACT TERMS.
Full Property Details
Full Property Details for 318 E Main St
General
- Sold For: $1,100,000
- Taxes: $6,359
- Status: Sold
- Type: Commercial Service
- MLS ID: 23607992
- Added to Site: 373 day(s) ago
Parking
- Parking Features: On Site, On Street
Location
- County: Clackamas
- Driving Directions: Corner of E Main St & Berkley Ave in Molalla
Community
- Community Name: 146 - Oregon City, Beavercreek, Canby, Molalla, Mulino
Heating & Cooling
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- # Buildings: 3
- Construction: Other
- Roof: Composition, Tile
- Square Feet: 3,200
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651
- Lot Size: 20, 000 SqFt to .99 Acres
- Frontage: Paved
Financial Considerations
- Tax Amount: $6,359.53
Disclosures and Reports
- Property ID: 1098467
Listed and Sold by Cascade Hasson Sotheby's International Realty (503) 228-9801, Jim McCartan (503) 314-2100
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Schools
Schools serving 318 E Main St
School District:Molalla River Sd 35
Rating | Name | Grades | Distance |
---|---|---|---|
910 Toliver Rd, Molalla, OR 97038 | K-5 | 1.1 mi | |
10500 S Highway 211, Molalla, OR 97038 | K-5 | 3.8 mi | |
26660 S Highway 213, Mulino, OR 97042 | K-5 | 5.1 mi | |
318 Leroy St, Molalla, OR 97038 | 6-8 | 0.8 mi | |
1859 Se Township Rd, Canby, OR 97013 | 7-8 | 9 mi | |
180 Ethel St, Oregon City, OR 97045 | 7-8 | 13.4 mi | |
357 E Francis St, Molalla, OR 97038 | 9-12 | 0.6 mi | |
721 Sw 4th Ave, Canby, OR 97013 | 9-12 | 9.8 mi | |
19761 Beavercreek Rd, Oregon City, OR 97045 | 9-12 | 12 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 E Main St
Date
Details
Price
Change
Source
12/29/2023
Sold
$1,100,000
-8.26%
MLS
6/09/2023
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 E Main St, Molalla, OR 97038 (MLS# 23607992) is a Commercial Service property that was sold at $1,100,000 on December 29, 2023. Want to learn more about 318 E Main St? Do you have questions about finding other Commercial Service real estate for sale in Molalla? You can browse all Molalla real estate or contact a Coldwell Banker agent to request more information.