1856 37Th St Florence, OR 97439
- Commercial real estate
- 0.18 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1856 37Th St
- Lot size
- 0.18 lot acres
- Zone code
- H-HIGHWAY DISTRICT
- Property type
- Commercial real estate
- APN
- 18-12-23-22-01800-000
- APU
- 1812232201800000
Description
This exceptional investment opportunity encompasses a thriving commercial portfolio in Florence, Oregon, presenting a unique blend of established businesses and residential real estate. The core of this offering is a highly successful, family-owned coin laundry and shower facility (37th St Coin Laundry & Showers, 1696 sq ft), boasting a loyal customer base and prime location within a densely populated area (zip code 97439, population 15,634). Its strategic positioning near numerous lakes and campgrounds ensures consistent high volume, particularly during peak seasons. This laundromat is complemented by a well-established deli and espresso bar (Linda Did It Deli and Espresso, 1504 sq ft), operating for over 25 years and offering a full-service menu. Both businesses are turnkey operations, with all furnishings, equipment, and fixtures included. Further enhancing the investment potential is a two-story building (3670 Hwy 101) comprising a rented 720 sq ft apartment and a 2128 sq ft office space currently leased to Ron's Paint. Finally, a charming 936 sq ft, three-bedroom, one-bathroom home (1890 37th St) on a 0.28-acre lot with a large enclosed deck completes this package. This property offers convenient access to the laundry and deli, and is currently owner-occupied. The sale includes three distinct addresses and four tax lots, totaling 6,984 sq ft on a 0.18-acre lot, representing a rare opportunity to acquire a substantial and diverse commercial and residential holding. The asking price is $2,500,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Lane
- State
- Oregon
- Longitude
- -124.101
- Latitude
- 43.9984
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA