206 S MOLALLA AVE, Molalla, OR 97038 | MLS #659179947 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of eXp Realty, LLCMLS# 659179947MLS ProviderContact Information: 971-600-4711
  • 376 days on site
  • 15 views

Price Improvement! Prime development opportunity in the heart of Molalla's growing downtown district. This vacant C-1 (Central Commercial) lot offers outstanding visibility, accessibility, and flexibility for a variety of commercial and mixed-use development opportunities. Positioned in an area experiencing continued growth and investment, this property presents an excellent opportunity for investors, business owners, and developers looking to capitalize on Molalla's expanding market.COMMERCIAL USE ON THE MAIN LEVEL WITH POTENTIAL RESIDENTIAL UNITS ABOVE creates a unique opportunity for owner-users, investors, or developers seeking multiple income-producing possibilities. Work below and live above, lease one space while occupying the other, or create a fully income-producing property with both commercial and residential tenants.C-1 zoning allows for a variety of potential retail, office, service-oriented, and mixed-use concepts. Located near downtown amenities, local businesses, and established neighborhoods, this property benefits from both vehicle and pedestrian traffic while providing convenient access throughout the city.As Molalla continues to grow, opportunities for well-positioned commercial development sites become increasingly limited. Lot lines shown in marketing images are approximate and provided for visual reference only.Buyer to perform their own due diligence regarding zoning, permitted uses, utilities, setbacks, development standards, and all aspects of development potential.

Source: Regional MLS, MLS#: 659179947

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  • Property Type
    Land
  • Lot
    0.18 acres

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  • Median Age
    38
  • Population Density
    124
  • College Educated
    29%
  • Estimated Median Income
    $72,432
  • Estimated Total Home Owners
    4,084
  • Estimated Total Renters
    1,438
  • Owner / Renter Divide
    74% / 26%
  • Estimated Average Household Size
    3
  • Total Population
    15,504
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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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.

History

Date Event Value Agent
5/29/2026Source: Regional MLS Price Reduction
$110,000 -8.3%
6/18/2025Source: Regional MLS Added to Database
June 18, 2025
9/5/2023Source: Regional MLS Status Change
Sold