RARE OPPORTUNITY TO PURCHASE 3.62 AC FOR PRIME BUSINESS LOCATION WITH MANY OPPORTUNITIES. ZONED COMMERCIAL "RC". APPLICABLE FOR RESIDENTIAL/RETAIL/COMMERCIAL USE. HIGH VISABILITY LOCATION ON BUSY HIGHWAY. ON CORNER OF HIGHWAY 213 AND MOLALLA AVE. ALL FLAT AND USEABLE. INCLUDES 4 PARCELS #01039726 .72 AC, #01039762 1.58 AC, #05022831 1.1 AC, & #05022830 .22 AC. THE 1964 2 BED/1 BATH MANUFACTURED HOME HAS NO VALUE. SOLD 'AS IS". 37'x30' 1100 SF SHOP WITH OFFICE SPACE, CONCRETE FLOOR AND ELECTRICITY. PROPERTY HAS BEEN UNDER THE SAME OWNERSHIP SINCE 1984. A SUCESSFUL RESTUARANT/PUB BUSINESS OPERATED FROM THIS LOCATION UNTIL IT WAS DESTROYED BY FIRE IN APPROX 2000. FORMERLY KNOWN AS "KEEGANS KORNER". RC ZONING ALLOWS FOR A MULTITUDE OF USES. Buyer to perform own due diligence for their intended use. Selling "as is"
Active
$1,095,000
29290 S Old Molalla Rd, Molalla, OR 97038
2beds
1,522sqft
Residential, Manufactured Home
Built in 1964
3.62 Acres Lot
$-- Zestimate®
$719/sqft
$-- HOA
What's special
All flat and useable
- 77 days |
- 142 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Tracy Keegan 503-997-7145,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 594476911
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,522
- Total interior livable area: 1,522 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, RV Access/Parking, Detached
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Yard
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 3.62 Acres
- Features: Corner Lot, Level, Trees, Acres 3 to 5
Details
- Additional structures: Workshop
- Additional parcels included: 01039762,05022831
- Parcel number: 01039726
- Zoning: RC
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Residential, Manufactured Home
Materials
- Aluminum Siding
- Foundation: Block, Skirting
- Roof: Flat
Condition
- Approximately
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Molalla
Financial & listing details
- Price per square foot: $719/sqft
- Tax assessed value: $19,390
- Annual tax amount: $3,859
- Date on market: 5/22/2026
- Listing terms: Cash,Conventional
- Road surface type: Paved
- Body type: Double Wide
Estimated market value
Not available
Estimated sales range
Not available
$1,589/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $1,095,000$719/sqft |
Source:  RMLS (OR) #594476911 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $12,345 +3% |
| 2024 | -- | $11,986 +3% |
| 2023 | -- | $11,637 +3% |
| 2022 | -- | $11,299 +3% |
| 2021 | -- | $10,970 +8.1% |
| 2020 | -- | $10,150 +11.8% |
| 2019 | -- | $9,080 +8.6% |
| 2018 | -- | $8,360 +11.9% |
| 2017 | -- | $7,470 +16% |
| 2016 | -- | $6,440 +11% |
| 2015 | -- | $5,800 +4.7% |
| 2014 | -- | $5,540 +6.1% |
| 2013 | -- | $5,220 +1.8% |
| 2012 | -- | $5,130 -14.2% |
| 2011 | -- | $5,980 -13.1% |
| 2010 | -- | $6,880 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 97038
Nearby schools
GreatSchools rating
- 5/10Mulino Elementary SchoolGrades: K-5Distance: 2.7 mi
- 7/10Molalla River Middle SchoolGrades: 6-8Distance: 2.1 mi
- 6/10Molalla High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Mulino
- 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.
- $1,095,0003.62 acres29281 S Old Molalla Rd, Molalla, OR 97038Lot/Land
- $401,900-- bd-- ba-- sqft29290 S Old Molalla Rd, Molalla, OR 97038Off Market
- $803,1004 bd1 ba2.8k sqft29086 S Highway 213, Molalla, OR 97038Off Market
- $470,2003 bd1 ba2.9k sqft29233 S Highway 213, Molalla, OR 97038Off Market
- $523,5003 bd2 ba1.5k sqft29310 S Old Molalla Rd, Molalla, OR 97038Off Market
- $655,2005 bd2 ba2.2k sqft29387 S Molalla Ave, Molalla, OR 97038Off Market
- $1,796,8002 bd2 ba5.1k sqft29384 S Molalla Ave, Molalla, OR 97038Off Market
- $158,8351 bd1 ba844 sqft29153 S Highway 213, Molalla, OR 97038Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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