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Mixed-Use Building with Flexible Layout
For Sale
$585,000

478 Highway 101, Florence, OR 97439

Highway-fronting property combines ground-floor retail with an adaptable upper level for additional offices, apartments, or mixed-use occupancy.

Property Size7,313 SF
Price / SF$79.99
Days on Market44

Property Features for 478 Highway 101

General Information

Standard status Active
Size 7,313 SF

Site & Location

Highway Access Yes
Road Access Yes

Amenities

accessible bathroom
office
breakroom space
security system

Building Details

Year Built 1954
Buildings 1
Stories 2
Listing Agency: Hybrid Real Estate
Listed By: Heather Tipler
Source: Evokepropertypartners
Added: Jul 18 Changed: Aug 29 Last Checked: Aug 30 at 7:19PM

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 mixed-use building contains 7,313 square feet across two levels and was built in 1954. The ground floor provides 3,637 square feet of retail area along with an accessible bathroom, office, and breakroom. The upper level has been fully cleared and can accommodate up to four apartments, additional office space, or a combination of uses. Separate exterior access serves the second floor, where wiring and plumbing have been stubbed in for future buildout.

The property fronts Highway 101 in Florence, providing direct vehicular access and exposure along the corridor. Recent work includes a newer membrane roof, electrical panel upgrades, upper-level cleanup, and installation of a security system. The building may also be acquired together with the neighboring property at 470 Highway 101.

Key Highlights

  • 7,313‑square‑foot mixed‑use building constructed in 1954
  • Ground floor includes 3,637 square feet of retail space, accessible bathroom, office, and breakroom
  • Upper level can accommodate up to four apartments, additional offices, or a combination

Property Analytics

Current Use

Retail space

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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Highway-fronting property combines ground-floor retail with an adaptable upper level for additional offices, apartments, or mixed-use occupancy.
Where is this mixed-use 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: 7,313‑square‑foot mixed‑use building constructed in 1954; Ground floor includes 3,637 square feet of retail space, accessible bathroom, office, and breakroom; Upper level can accommodate up to four apartments, additional offices, or a combination
More about this property
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