Bought with Cascade Hasson Sotheby's International Realty
$1,100,000
$1,199,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3,200 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $343
MLS Listing ID 23607992
Sold Date 12/29/23
Year Built 1948
Annual Tax Amount $6,359
Tax Year 2022
Lot Size 0.520 Acres
Property Description
Discover an exceptional investment opportunity with this remarkable commercial property portfolio, presenting 3 neighboring properties being sold as a single unit. This portfolio encompasses one medical clinic & two residential homes that have been rezoned for commercial use. This commercial location offers both visibility & convenience. Nestled within a bustling commercial district of Molalla, Oregon. These properties benefit from high foot traffic, excellent connectivity, and close proximity to major amenities. The clinic features eight clinic rooms with exam beds, along with a few office rooms, and an ex-ray room. Complementing the medical clinic are two residential homes that have been rezoned for commercial use, offering immediate income potential. Currently occupied by tenants on a month-to-month basis, these properties provide a stable and reliable cash flow while presenting an exciting opportunity for future development. The commercial zoning provides the flexibility to shape the properties according to your vision & the evolving needs of the area. SELLER IS WILLING TO ACCEPT CONTRACT TERMS.
Location
State OR
County Clackamas
Area _146
Zoning CBD1
Interior
Heating Other
Exterior
View Y/N false
Roof Type Composition,Tile
Parking Type On Site, On Street
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Principal Broker | Lic# 910900068