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2038 Pacific Ave 12,000 SF 70% Leased Retail Building Forest Grove, OR 97116 $1,000,000 ($83.33/SF)

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Investment Highlights

  • Prime downtown location with excellent walkability
  • Open floor plan
  • High traffic counts & close to Pacific University

Executive Summary

Located in the heart of downtown Forest Grove, this historic three-story building offers a prime investment opportunity directly across the street from Pacific University. Built in 1905, the property features high visibility and excellent walkability in a thriving academic and commercial hub.

Attachments

OM_Pacific Ave

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
B
Year Built
1930
Price
$1,000,000
Price Per SF
$83.33
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.06
Lot Size
0.09 AC
Zoning
TCC
Frontage
38’ on Pacific

Amenities

  • Bus Line
  • Corner Lot
  • Signage
  • Storage Space
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Basement
  • 3,600 SF
  • Retail
  • -
  • Now

open area/dead space storage

Space Size Space Use Position Available
Basement 3,600 SF Retail - Now

Basement

Size
3,600 SF
Space Use
Retail
Position
-
Available
Now

Basement

Size 3,600 SF
Space Use Retail
Position -
Available Now

open area/dead space storage

Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Bank of Montreal
Jazzercise
Fitness 1440
Safeway
CrossFit

Property Taxes

Property Taxes

Parcel Number
R0423562
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$317,880
  • Listing ID: 39453671

  • Date on Market: 2/16/2026

  • Last Updated:

  • Address: 2038 Pacific Ave, Forest Grove, OR 97116

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