118 ENGLE Ave, Molalla, OR 97038
- 2,016 sqft
Commercial Property
Built in 1978
—— sqft lot
—— car garage
$211/sqft
Listed 26 days ago
Property Description
Versatile Commercial Property with Two Apartments In A Prime Location! Incredible investment opportunity in a bustling commercial corridor! This unique property offers the best of both worlds. There's a spacious commercial unit currently with two 26’x16’ salon-style suites, each equipped with a closet and private bathroom, plus an additional private office space. This commercial section features a separate entrance to maintain business privacy and flow. Additionally, there are two charming 1-bedroom apartments with their own private entrances, perfect for owner-occupancy or tenant rental. The residential units include living room/kitchens, a cozy bedroom, and a bathroom with a walk-in shower making this an ideal setup for live/work flexibility or added passive income. Strategically located in a high-traffic area, close to public transportation, and surrounded by thriving local businesses, it's the perfect setup to draw in clientele and benefit from surrounding activity. Zoned for various commercial uses – confirm specifics with the city. Don’t miss this chance to establish your business or expand your portfolio with a multi-use, income-producing property in a high-demand area!
- Listing Status:
- Active
- Date Added:
- June 25, 2025 at 05:00AM
- Listing Office:
- Keller Williams PDX Central : 503-548-4848
- Listing Agent:
- Nick Shivers : 503-389-0821
- MLS ID:
- 435692890

- A/C: Wall unit
- Heating: Zoned
This listing courtesy of Nick Shivers, Keller Williams PDX Central
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Molalla Elementary School
910 Toliver Rd, Molalla, OR, 97038
Grades KG-5
0.98 miles away
Molalla River Middle School
318 Leroy St, Molalla, OR, 97038
Grades 6-8
0.70 miles away
Molalla High School
357 E Francis St, Molalla, OR, 97038
Grades 9-12
0.63 miles away