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3451 Highway 101 Florence, OR 97439

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For Sale
$2,160,000

Freestanding 17,272 SF building on Highway 101 for sale.

Property size:
17,272 SF
Lot size:
1.47 Acres

Property Features for 3451 Highway 101

General Information

Size
17,272 SF
Lot size
1.47 Acres

Source: Marcus & Millichap, Inc. Agent Clayton Brown

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Florence Retail Redevelopment Opportunity

This 17,272-square-foot freestanding building, constructed in 2008, is available for purchase. The concrete block building includes a drive-thru and abundant on-site parking. Situated on a signalized hard corner, the property benefits from high visibility and direct exposure to over 34,000 vehicles per day on Highway 101. Its location near a high-volume Fred Meyer, which attracts over 1.4 million visitors annually, provides significant consumer traffic. The property is surrounded by national and regional retailers, including Safeway, Bi-Mart, Grocery Outlet, and Dollar Tree. The location benefits from Florence’s demographics, consistent population growth, and tourism, which brings in between 750,000 to 1 million visitors annually. The building's flexible rectangular layout and double drive-thru make it suitable for various uses, including retail, medical, or service-oriented businesses. This property presents an opportunity for investors or owner-users seeking a high-exposure site in a coastal community.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Rite Aid Pharmacy, Tze Y. Juang, Pharm, Howard Williams, Louise Van Oosten, Florence Pharmacy

Location Insight

  • Map
  • Local Demand
City
Florence
County
Lane
State
Oregon
Longitude
-124.1022113
Latitude
43.996503

FAQs

What type of property is this?
Drug store - Freestanding 17,272 SF building on Highway 101 for sale.
Where is this drug store located?
The property is located at 3451 Highway 101 Florence, OR.
What is the asking price?
The asking price for this property is $2,160,000.
What are key features of this property?
This property features: - Value-add or redevelopment opportunity in a thriving retail corridor.; - High-traffic location on a signalized hard corner with exceptional visibility and direct exposure to over 34,000 vehicles per day.; - Freestanding 17,272 SF building built in 2008, priced at $125/SF, a fraction of the cost to build comparable new construction.
More about this property
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