NEW ROOF!!! Once a beloved stagecoach stop between Portland and Tillamook, this iconic Folk Victorian property in the heart of Forest Grove now offers an exceptional opportunity for commercial or mixed-use development under the flexible Town Center Transition (TCT) zoning. Steeped in history and listed on both the local and national historic registries, the 2,300+ sq ft structure blends original charm with modern infrastructure-featuring 19 new Andersen windows, updated PEX plumbing, upgraded electrical, improved HVAC, and a spacious kitchen with large island and pantry. TCT zoning allows for a broad range of commercial possibilities including boutique retail, professional offices, wellness services, galleries, live-work studios, or a charming bed & breakfast or short-term rental. The detached carriage house provides additional space for parking, storage, or potential conversion to creative workspace. The large, fenced backyard features apple trees, raised beds, a paver patio, and a newly poured concrete pad-perfect for outdoor gatherings, events, or a garden seating area. Located just blocks from Pacific University and Forest Grove's walkable downtown core, this property offers high visibility, convenient access, and architectural character that can't be replicated. Whether you envision a commercial storefront, multi-use investment, or destination hospitality experience, this is a rare chance to create something special in one of Forest Grove's most flexible and historically rich zones.