478 HIGHWAY 101
Florence, OR, 97439 $ 630,000
Bedrooms-- Baths-- Sq 7,313 for $630,000. This 7,313 square foot property was built in 1954 on a lot size of 0.13.
Strategically situated in a high-traffic area along Highway 101 in the heart of Florence, this building benefits from outstanding exposure, easy accessibility, and proximity to established businesses, and residential neighborhoods. The location supports both steady foot traffic and convenient vehicular access, making it ideal for a wide range of commercial uses. Inside, the building features a functional and adaptable interior that can accommodate virtually any commercial vision. The open design allows for seamless customization, whether for professional offices, retail operations, restaurant, medical or wellness services, or mixed-use concepts The first floor offers 3637 sq feet of retail space, an accessible bathroom, office and breakroom space the possibilities are endless. Upstairs is a blank canvas with space for up to four apartments, additional offices or a combination. With exterior access to the second floor and wiring and plumbing stubbed in, there is no limit on what it can be used for! Current upgrades to the property include a newer membrane roof, full gutting and clean up of the upper level, extensive electrical panel upgrades, security system, and more! From an investment perspective, this property represents a compelling rate-of-return opportunity. Designed to support stable occupancy and long-term value growth, the building offers a layout conducive to attracting quality tenants across multiple industries. The income potential is enhanced by flexible configurations, allowing owners to optimize leasing strategies or adapt spaces to evolving market demands. Investors will recognize the advantage of acquiring a well-positioned asset with both immediate revenue possibilities and future appreciation prospects. This can also be bought as a package deal with neighboring 470 Hwy 101! Opportunities like this are increasingly difficult to find — a commercial property that checks the boxes for location, income performance and expandability.
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FeaturesGeneralSewer PublicSewer
Heating Other
Roof Membrane
Zoning MSA
Construction Materials Brick
Year Built 1954
Sale Includes Building Land
Stories Count 2
Property Subtype Commercial
Tax Year 2025
Current Use Retail
Parcel Number 0801322
Gross Income 54000.0
County Lane
Operating Expense 3325.0
Property Type CommercialSale
HOA N
Status Active
Directions Hwy 101 roughly center of Florence
City Florence
MLS Area _228
Lot Size Square Feet 5662.0
Listing Terms Cash Conventional Other
Tax Annual Amount 3325.0
Property Condition Existing
Lease Type MonthToMonth
Standard Status Active
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 4500.0
Legal Description 18-12-27-44-11900
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ExteriorParking Features OnSite
Water Source PublicWater
Building Area Total 7313.0
Lot Size Acres 0.13
Road Surface Type Paved
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* Excluded FeaturesList Byheathertipler10@gmail.comEmail
NearbyAbout Florence, OR 9,592 Population
28% Since 2002
$ 35,291 Median Income
57.64 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/23/2026 | $630,000 | | Listed Price |