1856 37TH ST, Florence, OR 97439 | MLS #639008570 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of West Coast Real Estate ServiceMLS# 639008570MLS ProviderContact Information: [email protected]
  • 165 days on site
  • 27 views

Prime commercial opportunity on a high-visibility corner location! This 0.51-acre commercial property spans three tax lots and sits at the corner of Hwy 101 and 37th Street, offering approximately 120 feet of Hwy 101 frontage for excellent exposure. The property features two income-producing buildings. The first is a charming two-story building built in 1938. The upper level offers a 720 sq ft, 1-bedroom, 1-bathroom apartment'ideal for owner occupancy or rental income. The main level consists of 2,128 sq ft and is currently operating as a thrift store. The second building, constructed in 1991, is a single-level commercial structure with versatile use. Approximately half of the building (1,696 sq ft) is currently operating as a laundromat, while the remaining 1,504 sq ft is home to a deli/caf??. Exceptional visibility, multiple revenue streams, and flexible commercial use make this a standout investment along Hwy 101.

Source: Regional MLS, MLS#: 639008570

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  • Property Type
    Commercial Sale
  • Lot
    0.51 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
4/6/2026Source: Regional MLS Price Reduction
$1,900,000 -24.0%
1/15/2026Source: Regional MLS Added to Database
January 15, 2026