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For Sale & For Lease

HOLROYD BUILDING

1933-1937 Pacific Ave | Forest Grove, OR 97116

Property Details

PriceCall for pricing
Available SF5,664 SF
Property Size0.04 Acres

Supporting Documents

Description

  • Total size: ± 5,664 SF
  • Tenant spaces:
    - Ground floor retail: ± 1,850 SF
    - 1 bed/1 bath apartment: ± 600 SF
    - 2 bed/1 bath apartment: ± 900 SF
    - Office w/bathroom: ± 300 SF - Available for lease
  • Stories: 2 + 1,850 SF basement
  • Zoning: TCC: Town Center Commercial
  • Year built: 1936
  • Actual Cap Rate: 6.5%
  • Proforma Cap Rate: 7.7%

Highlights

  • Full renovation of first floor bar/restaurant, including installation of bar top, plumbing, built-in seating, etc.
  • Renovations in the last 3 years include: New 1st floor windows, awning and exterior repairs (2023-4), new electrical service (2024), new roof (spring 2025), and new water heaters and replacement of basement plumbing (2026)
  • Tenants pay all utilities and garbage
  • Unbeatable location in the heart of Forest Grove, just minutes from Pacific University
Space Available Notes Lease Rate
Studio Office 300 SF Converted studio apartment w/bath Call for pricing

Brokers

Space Available Notes Lease Rate
Studio Office 300 SF Converted studio apartment w/bath Call for pricing

GETTING STARTED

Put our sales and management experience to work for you.

CONTACT US
The Bastian Building
Nelson Business Park

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