494 Hwy 101 Florence, OR 97439-7635
This exceptional commercial/residential property, situated at 494 Highway 101 in Florence, Oregon, presents a unique investment opportunity. Boasting a total of 2,860 square feet on a 0.05-acre lot, this building offers a seamless blend of business and residential space. The main floor encompasses 1,436 square feet of retail space, ideal for a variety of commercial ventures. Its highly visible Highway 101 location ensures excellent exposure and accessibility. Upstairs, a comfortable 1,224-square-foot living area provides convenient and private residential quarters. This setup is perfect for an owner-operator seeking a work-live arrangement, eliminating commuting time and maximizing efficiency. The property's proximity to Old Town Florence adds to its appeal, offering easy access to local amenities and a vibrant community. This versatile property is an excellent choice for entrepreneurs and investors alike, providing both income-generating potential and comfortable living space. The property is available for occupancy beginning March 2, 2025. Priced at $375,000, this is a rare opportunity to acquire a thriving commercial property with integrated residential living in a desirable Oregon coastal town.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MSA-MAIN STREET/AREA A · Florence, ORFlorence. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.