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.
Active
Price cut: $10K (5/30)
$110,000
206 S Molalla Ave, Molalla, OR 97038
--beds
0baths
7,840Square Feet
Unimproved Land
Built in ----
7,840 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outstanding visibility
- 386 days |
- 252 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Michelle Rickles 971-600-4711,
eXp Realty, LLC
Source: RMLS (OR),MLS#: 659179947
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,840 Square Feet
- Features: Level, SqFt 7000 to 9999
Details
- Parcel number: 01092622
- Zoning: C-1
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Tax assessed value: $125,357
- Annual tax amount: $743
- Date on market: 6/18/2025
- Listing terms: Cash,Conventional,Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Price change | $110,000-8.3% |
Source: | ||
| 6/19/2025 | Listed for sale | $120,000+48.1% |
Source: | ||
| 9/1/2023 | Sold | $81,000+1.3% |
Source: | ||
| 2/17/2023 | Pending sale | $80,000 |
Source: | ||
| 2/9/2023 | Listed for sale | $80,000-16.8% |
Source: | ||
| 2/1/2021 | Listing removed | $96,100 |
Source: WVMLS #771074 Report a problem | ||
| 1/20/2021 | Price change | $96,100+0.1% |
Source: EXP REALTY, LLC #771074 Report a problem | ||
| 1/5/2021 | Price change | $96,000-4% |
Source: EXP REALTY, LLC #771074 Report a problem | ||
| 12/30/2020 | Price change | $100,000-0.1% |
Source: EXP REALTY, LLC #771074 Report a problem | ||
| 12/9/2020 | Price change | $100,100+0.1% |
Source: EXP REALTY, LLC #771074 Report a problem | ||
| 11/13/2020 | Listed for sale | $100,000 |
Source: EXP REALTY, LLC #771074 Report a problem | ||
| 4/30/2020 | Listing removed | $100,000 |
Source: Keller Williams Realty Portland Premiere #20174404 Report a problem | ||
| 7/17/2018 | Listed for sale | $100,000 |
Source: Keller Williams Realty Portland Premiere #18364738 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $744 +3.4% | $38,825 +3% |
| 2024 | $719 +17.7% | $37,695 +3% |
| 2023 | $611 +3% | $36,598 +3% |
| 2022 | $593 +4.3% | $35,533 +3% |
| 2021 | $569 +2.9% | $34,499 +3% |
| 2020 | $553 +3% | $33,495 +3% |
| 2019 | $537 +2.9% | $32,520 +3% |
| 2018 | $522 | $31,573 +3% |
| 2017 | $522 +10% | $30,653 +3% |
| 2016 | $474 | $29,760 +3% |
| 2015 | $474 +2.9% | $28,893 +3% |
| 2014 | $461 +10.9% | $28,051 +3% |
| 2013 | $416 +0.5% | $27,234 +3% |
| 2012 | $414 +3.7% | $26,441 +3% |
| 2011 | $399 +16.8% | $25,671 +19.7% |
| 2010 | $342 -0.1% | $21,444 +3% |
| 2009 | $342 +6% | $20,819 +3% |
| 2008 | $323 +3.2% | $20,213 +3% |
| 2007 | $313 +2.9% | $19,624 +3% |
| 2006 | $304 +2% | $19,052 +3% |
| 2005 | $298 +5.1% | $18,497 +3% |
| 2004 | $284 +1.7% | $17,958 +3% |
| 2003 | $279 +2.3% | $17,435 +3% |
| 2002 | $273 +1.4% | $16,927 +3% |
| 2001 | $269 +6.2% | $16,434 +3% |
| 2000 | $253 | $15,955 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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: 0.7 mi
Schools provided by the listing agent
- Elementary: Molalla
- Middle: Molalla River
- High: Molalla
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Clackamas County
- Molalla
- 97038
- 206 S Molalla Ave







