

478 HIGHWAY 101Florence, OR 97439
Commercial · 7,313 Sq. ft. | 0.13 Acres478 HIGHWAY 101 Overview
- Time on Site:
- 126 days
- Visits:
- 45
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.
478 HIGHWAY 101 Facts & Features
- Type Commercial
- Sq. ft. 7,313
- Price/Sq.ft. $82
- Lot 0.13 Acres
Details
General
Income/Expenses
- Existing Lease Type: Month To Month
- Gross Income: 54000.0
- Operating Expense: 3325.0
Building Information
- Year Built: 1954
Business Information
- Current Use: Retail
Location/Region
- Country: US
- County Or Parish: Lane
- MLS Area Major: 228 - Lane Co: Florence Town
Rent/Lease Information
- Lease Amount: 4500.0
Tax Information
- Tax Annual Amount: 3325.0
- Tax Year: 2025
General Information
- Inclusions: Building,Land
- Listing Terms: Cash,Conventional,Other
- Parcel Number: 0801322
- Property Condition: Existing
- Property Sub Type: Commercial
- Property Type: Commercial Sale
- Zoning: MSA
Interior
Building Interior
- Building Area Total: 7313.0
General Information
- Heating: Other
- Stories: 2
Exterior
Parking Information
- Parking Features: On Site
Lot Information
- Lot Size Acres: 0.13
- Lot Size Square Feet: 5662.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Membrane
General Information
- Sewer: Public Sewer
478 HIGHWAY 101 Neighborhood
Community
97439 (FLORENCE) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.478 HIGHWAY 101 Monthly Cost
478 HIGHWAY 101 Market Data
Based on the last 30 days in this zip code
478 HIGHWAY 101 History
| Date | Value | Agent |
|---|---|---|
| 4/30/2026Source: Regional MLS | $600,000 -4.8% |
|
| 2/23/2026Source: Regional MLS | February 23, 2026 |