478 HIGHWAY 101, Florence, OR 97439 | MLS #525250622 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Hybrid Real EstateMLS# 525250622MLS Provider
  • 126 days on site
  • 45 views

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.

Source: Regional MLS, MLS#: 525250622

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  • Property Type
    Commercial Sale
  • Lot
    0.13 acres

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  • Median Age
    60
  • Population Density
    79
  • College Educated
    35%
  • Estimated Median Income
    $52,194
  • Estimated Total Home Owners
    5,488
  • Estimated Total Renters
    2,064
  • Owner / Renter Divide
    73% / 27%
  • Estimated Average Household Size
    2
  • Total Population
    15,101
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
4/30/2026Source: Regional MLS Price Reduction
$600,000 -4.8%
2/23/2026Source: Regional MLS Added to Database
February 23, 2026