29281 S Old Molalla Rd

Molalla, OR 97038

$1,095,000
Price
157,687 / 3.62
Lot Size / Acres
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Description

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....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"
  1. Listed by Tracy Keegan • Premiere Property Group, LLC

Property Details for 29281 South Old Molalla Road

Zoning
RC
View
Territorial, Trees Woods
LISTING UPDATED: 05/22/2026 04:09 AM

Property Details for 29281 South Old Molalla Road

StatusActive
MLS #399164386
Days on Market14
Taxes$3,859 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Mixed Use
Year Built-
Lot Size3.62 AC
CountyClackamas County
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Location

Listing Courtesy of Premiere Property Group, LLC
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Building Information for 29281 South Old Molalla Road

Lot Size3.62 AC

Payment Calculator

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$5,778 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,457

Property Taxes

$322

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 29281 South Old Molalla Road

Summary
Location and General Information
  • Country: US
  • Directions: HIGHWAY 213 to MOLALLA AVE. TURN LEFT ON OLD MOLALLA ROAD. GO TO THE END
  • Road Surface: Paved
School Information
  • Elementary School: Mulino
  • High School: Molalla
  • Middle Or Junior School: Molalla River
Taxes and HOA
  • Tax Year: 2025
  • Tax Deferral Desc: Veteran
  • Tax Annual Amount: $3,859.00
  • Parcel Number: 01039762
  • Parcel Number 2: 01039726
  • Parcel Number 3: 05022831
  • Tax Legal Description: SECTION 32 TOWNSHIP 4S RANGE 2E TAX LOT 03503
Property
Lot Information
  • Acres: 3.62
  • Lot Description: Corner Lot, Trees
  • Lot Size Square Feet: 157687.0
  • Number Of Lots Total: 4
  • Current Use: Residential
  • Land Description: Level
  • Lot Size Range: Acres3to5
  • Lot Size: 3 to 4.99 Acres
Property and Assessments
  • Property Sub Type: Mixed Use
  • Property Type: Land
Utilities
  • Utilities: Electricity Connected, Septic Tank, Well
Interior and Exterior Features
Exterior Features
  • Soil Condition: Native
  • Existing Structures Description: Mobile Home, No Value, Residence, Workshop
Amenities
Amenities Information
  • Internet Service Type: Cable
Additional Strucuture
Additional Structure information
  • Addl Structure Baths 1: 1.0
  • Addl Structure Baths Total: 1.00
  • Addl Structure Bedrooms 1: 2
  • Addl Structure Bedrooms Total: 2
  • Addl Structure Const 1: Crawl Space, Metal Siding
  • Addl Structure Const 2: Metal Siding, Wood Frame
  • Addl Structure Dimensions 1: 47x30
  • Addl Structure Dimensions 2: 37x30
  • Addl Structure Features 1: Bathroom, Electricity Connected, Kitchen
  • Addl Structure Features 2: Concrete Floor, Electricity Connected, Separate Electric Meter, Workshop
  • Addl Structure Roof 1: Flat
  • Addl Structure Roof 2: Composition
  • Addl Structure Sqft 1: 1410.0
  • Addl Structure Sqft 2: 1100.0
  • AddlStructureOtherType1: Mobile Home
  • AddlStructureOtherType2: Workshop
  • Addl Structure Year Built 1: 1964

Schools near 29281 South Old Molalla Road

This home is within Molalla River School District 35.
Rating
School
Type
Grades
Distance
Molalla Elementary School
Public - K to 5
Molalla River Middle School
Public - 6 to 8
Molalla High School
Public - 9 to 12
Mulino Elementary School
Public - K to 5
Rating
School
Distance
Molalla Elementary School
PublicK to 5

Molalla River Middle School
Public6 to 8

Molalla High School
Public9 to 12

Mulino Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 29281 South Old Molalla Road, Molalla, OR 97038

29281 South Old Molalla Road is a 3.62 ac of land for sale in Molalla, OR 97038. This property was listed for sale on May 22, 2026 by Premiere Property Group, LLC, it's currently listed at $1,095,000. This listing's school district is Molalla River School District 35. Nearby schools include Molalla Elementary School, Molalla River Middle School and Molalla High School. 29281 South Old Molalla Road is a 0-bed, 0-bath, 3.62 ac of land on a 157,687 sq. ft. / 3.62 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premiere Property Group, LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/22/2026 04:09 AM