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220 & 212 Molalla Avenue 220 Molalla Ave 4,676 SF Retail Building Oregon City, OR 97045 $1,100,000 ($235.24/SF)
EXECUTIVE SUMMARY
Two Retail Land parcels for sale totaling 21,781sf which can be expanded to 23,645sf via a seller paid lot line adjustment prior to closing. Site will accommodate drive through restaurants, a variety of retail uses, mixed use and residential development. Signalized corner with multiple points of ingress / egress. Zoning is Oregon City - MUC1 Zoning (Mixed--Use Corridor District 1) which allows for a broad range of uses. A lot line adjustment with 325 Pearl street (same owner) may accommodate larger uses. 325 Pearl Street may also be available for sale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,676 SF
Building Class
C
Year Built
1973
Price
$1,100,000
Price Per SF
$235.24
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
MUC1 - Zoning is Oregon City - MUC1 Zoning (Mixed--Use Corridor District 1) which allows for a broad range of uses
Parking
22 Spaces (4.7 Spaces per 1,000 SF Leased)
Frontage
96’ on Molalla Ave
AMENITIES
- Signage
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00590060 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $94,830 |
PROPERTY TAXES
Parcel Number
00590060
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$94,830
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220 & 212 Molalla Avenue | 220 Molalla Ave
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