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19th Ave - Forest Grove Highly Desirable Property 1.75 Acres of Commercial Land Offered at $1,950,000 in Forest Grove, OR 97116
Investment Highlights
- Location, Location, Location
- Highly desirable property for many years ~ Great Investment Property
- 1 Block from Transit Center and Main Street of Forest Grove. Located on Main Thru Fare.
Executive Summary
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 near 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.
Property Facts
| Price | $1,950,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.75 AC |
| Property Type | Land | ||
| Zoning | TCT - Town Center Core | ||
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.75 AC |
| Zoning | TCT - Town Center Core |
1 Lot Available
Lot
| Price | $1,950,000 | Lot Size | 1.75 AC |
| Price Per AC | $1,114,285.71 |
| Price | $1,950,000 |
| Price Per AC | $1,114,285.71 |
| Lot Size | 1.75 AC |
The Famous Schlegel Bike Shop Property now For Sale. So Many Possibilities. All Utilities are at the property. Lots 7200,7300,7400,7500,7600 & 7700. Level Land. All utilities on properties. Enjoy the Drone video!
Description
PROPERTY WILL NOT BE SOLD SEPERATLEY OR DIVIDED ~ Property includes 3 houses, 2 Commercial buildings and one bare lot. DO NOT DISTURB TENANTS. WRONG LOT SIZE WAS INPUT. THE CORRECT SIZE IS 1.75 ACRE The home that has burnt and the white house on corner is being torn down starting first of the year 2026. Property will be cleared out also.
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
19th Ave - Forest Grove Highly Desirable Property