Molalla, OR 97038,318 E MAIN ST
Molalla, OR 97038,318 E MAIN ST
Molalla, OR 97038,318 E MAIN ST
Molalla, OR 97038,318 E MAIN ST
Molalla, OR 97038,318 E MAIN ST
Molalla, OR 97038,318 E MAIN ST
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Listed by Cascade Hasson Sotheby's International Realty
Bought with Cascade Hasson Sotheby's International Realty

$1,100,000

$1,199,000

8.3%
Est.Price: ?

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Est. payment /mo

3,200 SqFt


SOLD DATE : 12/29/2023

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $343

MLS Listing ID 23607992

Sold Date 12/29/23

Year Built 1948

Annual Tax Amount $6,359

Tax Year 2022

Lot Size 0.520 Acres

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.

Location

State OR

County Clackamas

Area _146

Zoning CBD1

Interior

Heating Other

Exterior

View Y/N false

Roof Type Composition,Tile

Garage No

Building

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Ted Tanner

Principal Broker | Lic# 201210644

+1(503) 828-7839

1915 NE Stucki Ave. Suite 250, Hillsboro, OR, 97006

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