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Mixed-Use Building with Retail Space
For Sale
$565,000

478 HIGHWAY 101, Florence, OR 97439

CommercialSale, Florence, OR

Property Size7,313 SF
Lot Size0.13 Acres
Price / SF$77.26
Days on Market233

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

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: Oct 10 Last Checked: Oct 12 at 12:06AM
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 sits on a 0.13-acre lot and was built in 1954. The brick building has 3,637 square feet of ground-floor retail, an accessible bathroom, office and breakroom areas, and an upper level that has been gutted and cleaned. The second floor has exterior access, with wiring and plumbing stubbed in; the layout can accommodate up to four apartments, additional offices, or a combination. Recent work includes a newer membrane roof, electrical panel upgrades, and a security system.

Located on Highway 101 in Florence, the property is zoned MSA. Its configuration brings retail space together with an upper floor that can be adapted for residential or office use.

Key Highlights

  • 3,637 square feet of ground‑floor retail space
  • Upper level offers space for up to four apartments, offices, or a combination
  • Second‑floor exterior access; wiring and plumbing are stubbed in

Property Analytics

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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
Yes
Utilities to site

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - MSA-zoned property combines street-level retail with an unfinished upper floor configured for future adaptation.
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 $565,000.
What are key features of this property?
This property features: 3,637 square feet of ground‑floor retail space; Upper level offers space for up to four apartments, offices, or a combination; Second‑floor exterior access; wiring and plumbing are stubbed in
More about this property
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