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3127 Pacific Ave

1.54 Acres of Commercial Land Offered at £1,312,169 in Forest Grove, OR 97116

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Investment Highlights

On arterial with high traffic counts and Visibility. Proximity to Hwy 47 / TV Hwy.

Easy access from to residential / multifamily developments and community businesses including local tourist hospitality venues.

Executive Summary

PRICED REDUCED
Prime Owner/User or Site Developer For: Retail, Services, Fast Food, Office, Medical and/or other Commercial Uses. Including Mixed Use and Multifamily.

3127 Pacific Ave flyer 092523

Property Facts

Price	£1,312,169	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units - Senior Auto Dealership Bank Convenience Store Daycare Centre Department Store Drugstore Fast Food Garden Centre General Freestanding Healthcare Hold For Development Hold For Investment Hotel Medical Motel Restaurant Self Storage Service Station Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket
Sale Conditions	Development Sale	Total Lot Size	1.54 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	£1,312,169
Sale Type	Investment or Owner User
Sale Conditions	Development Sale
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Hospitality Apartment Units - Senior Auto Dealership Bank Convenience Store Daycare Centre Department Store Drugstore Fast Food Garden Centre General Freestanding Healthcare Hold For Development Hold For Investment Hotel Medical Motel Restaurant Self Storage Service Station Storefront, Retail or Office Storefront, Retail or Residential Strip Centre Supermarket
Total Lot Size	1.54 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot TL 4500

Price	£1,312,169	Lot Size	1.54 AC
Price Per AC	£852,063

Price	£1,312,169
Price Per AC	£852,063
Lot Size	1.54 AC

130+/- lineal frontage on Pacific Ave. Redevelopment opportunity near Hwy 47 with high traffic counts and visibility.

Description

Currently Automotive Repair w/approx 8000 +/- building on a portion of the tax lot.

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Walk Score ®

Very Walkable (77)

Bike Score ®

Very Bikeable (81)

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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PROPERTY TAXES

Parcel Number	R0749649	Improvements Assessment	£0
Land Assessment	£0	Total Assessment	£490,181

PROPERTY TAXES

Parcel Number

R0749649

Land Assessment

£0

Improvements Assessment

£0

Total Assessment

£490,181

zoning

Zoning Code	Community Commercial
Community Commercial

Listing ID: 24998838
Date on Market: 06/02/2022
Last Updated:
Address: 3127 Pacific Ave, Forest Grove, OR 97116

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3127 Pacific Ave, Forest Grove, OR for sale Building Photo- Image 1 of 3 — DJI_0730_small w line

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