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Listed by Pro Group Realty and Property Management
$ 1,950,000
Est. payment | /mo
1.75 Acres Lot
$ 1,950,000
Est. payment | /mo
1.75 Acres Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 22337425
Year Built 1932
Annual Tax Amount $2,879
Tax Year 2025
Lot Size 1.750 Acres
Property Sub-Type Commercial
Property Description
NEW PRICE! Rare opportunity to own the iconic Schlegel Bike Shop property in the heart of Forest Grove. This high-visibility site offers exceptional flexibility under TCT—Town Center Transition zoning, which supports a mix of retail, office, light industrial, and residential uses. Designed to enhance employment and housing by the Town Center Core, the TCT zone encourages a pedestrian-oriented environment connecting Main Street with the Town Center. All utilities are at the property. Sellers also have a second parcel available directly across the street (MLS#22024891). Outstanding location—just one block from the Transit Center, one block from Main Street, and four blocks from Pacific University. Property cannot be sold separately or divided. DO NOT DISTURB TENANTS. Buyers to perform their own due diligence. Contact broker for additional information.
Location
State OR
County Washington
Area _152
Zoning TCT
Interior
Heating Other
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://youtu.be/qOxL0qAcqHs
NEARBY SCHOOL & BUSINESS