2420 HIGHWAY 101, Florence, OR 97439 | MLS #732672596 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of All State Real EstateMLS# 732672596MLS Provider
  • 87 days on site
  • 40 views

Excellent investment and business opportunity on a prime commercial property on Highway 101 with very high traffic count at your front door. Great accessibility to this prime half acre with a 4300 square feet retail and commercial building, a huge paved parking lot with 22 designated spaces and a large 1000 gallon propane storage tank. The front 2200 square feet of retail space has been recently updated with new windows and premium laminate flooring. This space is leased at $2,800/month with a recent 10 year lease with escalation clauses.The rear portion of the building features a state-of-the-art laundromat with 18 Dexter washers and 10 double stacked dryers,(20) ranging from 20 to 90 pound capacities, all with recent upgrades to digital card readers. The laundry is ADA accessible with three card access showers and restroom. There is a room setup for an attendant to provide Fluff and Fold service with the potential of 25/30% revenue increase. There is a twelve camera Ring security system with full remote control to open and close access.

Source: Regional MLS, MLS#: 732672596

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  • Property Type
    Commercial Sale
  • Lot
    0.53 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
5/21/2026Source: Regional MLS Price Reduction
$1,100,000 -18.5%
4/3/2026Source: Regional MLS Added to Database
April 03, 2026