Quaint Downtown Retail Space Available $477,750

1928 21st Ave Forest Grove, OR 97116

1928 21st Ave, Forest Grove, OR, 97116
1928 21st Ave, Forest Grove, OR, 97116 1928 21st Ave, Forest Grove, OR, 97116
FOR SALE
Property Type:
Street Retail
Amount:
$477,750
Last Verified:
Jan 27, 2026

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Highlights

  • Building split in roughly half with central shared area (separate access)
  • Modern remodeled retail in front (2023) and "classroom" studio area in rear of buiding
  • New roof in 2023
  • New mini split units in 2023 (2 on roof)
  • New flooring (front retail area) in 2023
  • New paint (front retail area) in 2023
  • Updated ceiling light covers (front retail area)
  • Tankless hot water heater
  • Two separate electric meters
  • Two restrooms and utility sinks

Description

Introducing a prime retail investment opportunity in Forest Grove, OR. This 1,950 SF property, built in 1961 and renovated in 2023, offers a modern, remodeled retail space at the front, with a versatile "classroom" studio area at the rear. Boasting a new roof, mini-split units, tankless hot water heater, and amenities including ceiling light covers and two restrooms with utility sinks, this property is move-in ready for a savvy retail investor. Zoned FGC and strategically located, this versatile space presents an exceptional opportunity for retail or street retail ventures. Don't miss the chance to invest in a property that combines history with modern functionality.

When it comes to retail investment, location is everything. The surrounding area of Forest Grove, OR offers a charming and vibrant atmosphere for businesses. With its historic downtown area, thriving local businesses, and a steady stream of pedestrian traffic, the area presents a prime opportunity for retail and street retail investors. Located near notable attractions like Pacific University, the Fernhill Wetlands, and the Tualatin Valley Scenic Bikeway, the area captures the attention of both locals and visitors alike. Don't miss the chance to become part of this dynamic and inviting community.


Year Built: 1961
Building Size: 1950sq ft
Lot Size: 0.04 acres

Map of 1928 21st Ave, Forest Grove, OR, 97116

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.