113 Molalla Ave Molalla, OR 97038

This exceptional investment opportunity presents two adjacent commercial buildings totaling 5,476 square feet, ideally situated in the heart of Molalla, Oregon. The property consists of two separate structures: 113 S Molalla Ave, built in 1930, and 115 S Molalla Ave, constructed in 1950. Both buildings offer prime street-front retail space, currently operating at 100% occupancy. The combined asking price is $479,000, translating to a price per square foot of $87.47. One building includes a permitted one-bedroom apartment, approximately 600 square feet, currently leased for $1200 per month, adding to the property's income potential. The apartment underwent renovations around the year 2000. This multi-tenant property presents a strong cash flow opportunity with significant upside potential. The buildings are classified as Class C and boast a two-story configuration. This is a rare chance to acquire a well-established retail presence in a thriving Oregon community. The property is zoned for retail use and offers excellent visibility and accessibility. Act quickly, as this price reduction makes this an exceptional value. The property is located at 113 & 115 S Molalla Ave, Molalla, OR 97038.