MAJOR PRICE REDUCTION of $445,000. Now priced “below” State Opinion of True Market Value at $1,550,000.00 or approximately $198.72 per sq.ft. Centrally located within the Molalla Avenue business corridor and within the Oregon City Opportunity Zone, the 222 Molalla building presents a terrific opportunity for either an owner/user or investor. Priced to sell, the building is located at a high daily traffic count signalized intersection and offers 29 off-street parking spaces, together with existing monument signage. Zoned Commercial Mixed-Use, the ground floor retail space measures approximately 6,000 sq.ft. and includes open retail areas, storage, loading doors, kitchen/break room area, security cameras and a building security system. The upper floor has it’s own entrance and street address. Prior to purchase in 2017, the upper floor was utilized as a two-bedroom/ one bathroom apartment with a full kitchen. When purchased in 2017, this upper level apartment was converted and used as the owners office. Possible short-term contract conversations may be available for qualified purchaser. Blending historic charm with modern amenities and supported by business-friendly infrastructure, 222 Molalla Ave presents a compelling opportunity for owner-users and investors alike.