NEW PRICE! Rare opportunity to own the iconic Schlegel Bike Shop property in the heart of Forest Grove. This high-visibility site offers exceptional flexibility under TCT—Town Center Transition zoning, which supports a mix of retail, office, light industrial, and residential uses. Designed to enhance employment and housing near the Town Center Core, the TCT zone encourages a pedestrian-oriented environment connecting Main Street with the Town Center. All utilities are at the property. Sellers also have a second parcel available directly across the street (MLS#22024891). Outstanding location—just one block from the Transit Center, one block from Main Street, and four blocks from Pacific University. Property cannot be sold separately or divided. DO NOT DISTURB TENANTS. Buyers to perform their own due diligence. Contact broker for additional information.