Property profile

1856 37Th St Florence, OR 97439

FOR SALE
Commercial real estate
Property ID
US71-1390035
0.18 ac lot
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.18 ac (7,841 SF)
Zoning code H-HIGHWAY DISTRICT
APN 18-12-23-22-01800-000
UPID US71-1390035

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1856 37Th St Florence, OR 97439
Florence metro Census 707 EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
6 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

H-HIGHWAY DISTRICT · Florence, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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