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Adaptive Retail and Office Building
For Sale
$585,000

478 Highway 101, Florence, OR 97439

Open retail layout on the first floor with flexible upper space for offices or apartments.

Property SizeContact for details
Days on Market169

Property Features for 478 Highway 101

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,325
Listing Agency: Hybrid Real Estate
Listed By: Heather Tipler
Source: Exprealty
Added: Feb 23 Changed: Aug 8 Last Checked: Aug 10 at 9:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hybrid Real Estate

Investment Insights

Based on property information with market context.

This building offers a flexible interior designed to support a range of commercial uses. The first floor features a functional open retail layout plus an accessible bathroom, office space, and a breakroom. Upstairs is a blank canvas with capacity for up to four apartments and/or additional offices. There is exterior access to the second floor, and wiring and plumbing are stubbed in to support tenant-specific buildouts.

Situated in a high-traffic area along Highway 101 in the heart of Florence, the property is positioned for strong visibility and convenient vehicular access. It also benefits from proximity to established businesses and residential neighborhoods, supporting both foot traffic and drive-by convenience.

Recent upgrades include a newer membrane roof, full gutting and clean up of the upper level, extensive electrical panel upgrades, and installation of a security system. This configuration can work well for operators seeking street-level retail or service space with on-site space above for offices or residential units, or for buyers planning a multi-use setup. The existing adaptability and exterior second-floor access may help reduce limits on how the upper level is configured over time.

Key Highlights

  • High‑traffic commercial building on Highway 101 in Florence with easy vehicular access and strong street exposure
  • First floor includes 3,637 SF of retail space plus an accessible bathroom, office, and breakroom area
  • Upstairs is a blank space with capacity for up to four apartments, additional offices, or a combination

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Building Supply Pharmacy HVAC Service Big Box & Wholesale Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97439, OR

15,634
Population
9,056
Households
1.7
Avg Household Size
62
Median Age
27%
College-Educated
92%
High-School Grad
168.3 sq mi
ZIP Area
93
Density / Sq Mi
$58,576
Median Household Income
$36,146
Median Earnings
$1,164
Median Rent
$364,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

  • Truck Full of Posies #0, Florence, OR 97439

Frequently Asked Questions

What type of property is this?
Storefront property - Open retail layout on the first floor with flexible upper space for offices or apartments.
Where is this storefront property located?
The property is located at 478 Highway 101 Florence, OR.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: High‑traffic commercial building on Highway 101 in Florence with easy vehicular access and strong street exposure; First floor includes 3,637 SF of retail space plus an accessible bathroom, office, and breakroom area; Upstairs is a blank space with capacity for up to four apartments, additional offices, or a combination
More about this property
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