Positioned on a prominent, landscaped corner in the rapidly growing Molalla market, this A±4,500 SF commercial asset offers both visibility and versatility for an owner-user or investor. Formerly a bank, the property retains valuable infrastructure including a drive-through lane and secure vault—features that can significantly reduce build-out costs for certain uses.The interior is defined by a spacious, light-filled lobby with expansive windows and high ceilings, creating an inviting environment adaptable to a range of commercial applications. Potential uses include professional or medical offices, retail, restaurant or café concepts (with drive-through capability), financial services, or specialty practices such as veterinary care.Additional amenities include a large staff break room, multiple restrooms, ample storage areas, and a generous on-site parking lot. A prominent freestanding lighted pylon sign enhances exposure and branding opportunities along this well-traveled location.Offered by appointment only.
For sale
$1,299,000
200 Center Ave, Molalla, OR 97038
--beds
--baths
--sqft
SingleFamily
Built in 1980
0.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 44 days |
- 83 |
- 2 |
Zillow last checked:
Listed by:
Tedi McKnight - Heikes,
Engel & Völkers West Portland
Source: Engel & Volkers,MLS#: 376985098
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Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Features
- Has basement: No
Video & virtual tour
Property
Parking
- Total spaces: 24
- Parking features: On Site, Paved
Lot
- Size: 0.68 Acres
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1980
Community & HOA
Location
- Region: Molalla
Financial & listing details
- Date on market: 5/21/2026
- Lease term: Contact For Details
Estimated market value
Not available
Estimated sales range
Not available
$2,702/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $1,299,000-7.1% |
Source: | ||
| 8/6/2025 | Listing removed | $1,399,000 |
Source: | ||
| 9/4/2024 | Price change | $1,399,000-12.6% |
Source: | ||
| 5/19/2024 | Listed for sale | $1,599,999 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
- 7/10Molalla Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Clackamas County
- Molalla
- 97038
- 200 Center Ave






