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Mixed-Use Building with Retail
For Sale
$585,000

478 HIGHWAY 101, Florence, OR 97439

CommercialSale, Florence, OR

Property Size7,313 SF
Lot Size0.13 Acres
Price / SF$79.99
Days on Market186

Property Features for 478 HIGHWAY 101

General Information

Property type Commercial Sale
Property subtype Other
Zoning MSA
Directions Hwy 101 roughly center of Florence
Subdivision _228
Standard status Active
APN 0801322
Size 7,313 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Description 18-12-27-44-11900
Tax Annual Amount 3325
Legal Description 18-12-27-44-11900

Amenities

accessible bathroom
office
breakroom space
security system

Building Details

Year built 1954
Floors in Building 2
Building materials Brick
Roof type Membrane
Listing Agency: Hybrid Real Estate
Listed By: Heather Tipler
Added: Feb 21 Changed: Jul 31 Last Checked: Aug 26 at 2:06AM
MLS# 525250622

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7,313-square-foot mixed-use property includes 3,637 square feet of retail area on the first floor, along with an accessible bathroom, office, and breakroom. The upper level has been gutted and cleaned, with exterior access plus electrical and plumbing stub-ins. The layout supports up to four apartments, additional office space, or a combined configuration, subject to applicable requirements.

Built in 1954 on 0.13 acres, the brick building has a membrane roof, upgraded electrical panels, and a security system. The property is positioned along Highway 101 in Florence, with access for both pedestrians and vehicles. MSA zoning is identified in the listing. The property may also be acquired with the neighboring 470 Highway 101 property as a package.

Key Highlights

  • 7,313‑square‑foot mixed‑use building on 0.13 acres
  • First‑floor retail area measures 3,637 square feet
  • Upper level offers space for up to four apartments or additional offices

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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Groceries 39% Dining 17% Apparel 2%
Safeway Groceries
27,037 visits/mo 0.2 miles
7-Eleven Shops & Services
8,924 visits/mo 0.3 miles
Dollar Tree Shops & Services
8,753 visits/mo 0.3 miles
Circle K Shops & Services
6,762 visits/mo 0.3 miles
SUBWAY Dining
4,522 visits/mo 0.3 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building with adaptable retail space and a separately accessed upper level for additional buildout.
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 on 0.13 acres; First‑floor retail area measures 3,637 square feet; Upper level offers space for up to four apartments or additional offices
More about this property
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