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2038 Pacific Ave 12,000 SF 100% Leased Retail Building Forest Grove, OR 97116 $950,000 ($79.17/SF)
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built
1930
Price
$950,000
Price Per SF
$79.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.06
Lot Size
0.09 AC
Zoning
TCC
Frontage
Amenities
- Bus Line
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0423562 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $317,880 |
Property Taxes
Parcel Number
R0423562
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$317,880
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2038 Pacific Ave
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