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$280,000 -$10,000 (-3.45%) Price Reduced
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Property Description
Positioned in a prime, high-visibility corridor along Highway 101 in the center of Florence, this property offers exceptional exposure, convenient access, and close proximity to established businesses and nearby residential areas. The location naturally supports consistent foot traffic while remaining easily accessible for drivers, making it well-suited for a variety of commercial applications. Inside, the building offers a versatile and efficient layout designed to accommodate a wide range of business uses. The open floor plan allows for easy customization, whether you envision professional office space, retail, restaurant use, medical or wellness services, or a mixed-use concept. The main level includes approximately 3,174 square feet of space. The upper level presents a blank slate, ideal for creating a residential unit, additional office suites, or a combination of both. With its own exterior entrance and pre-installed plumbing and electrical stub-ins, the second floor is ready to be transformed to meet your specific needs. Recent improvements add value and peace of mind, including a newer membrane roof, a fully cleared and prepped upper level, and significant upgrades to the electrical panel. Designed with both functionality and long-term performance in mind, the property offers strong potential for stable occupancy and income generation. Flexible space configurations allow owners to tailor leasing strategies or adapt to changing market demands, maximizing return on investment. This is an opportunity to acquire a well-located asset with both immediate income potential and long-term appreciation upside. Additionally, this property can be purchased as part of a package with the neighboring 478 Hwy 101 location, creating even greater investment potential.Opportunities like this are becoming increasingly rare
Full Property Details
Full Property Details for 470 Hwy 101
General
- Price: $280,000
- Taxes: $2,057 (2025)
- Status: Active
- Type: Retail
- Source: RWMLS
- MLS ID: 764501795
- Updated: 8/17/2026
- Added to Site: 136 day(s) ago
Parking
- Parking Features: Paved
Location
- County: Lane
- Driving Directions: Hwy 101 roughly center of Florence
Community
- Community Name: 228 - Lane Co: Florence Town
Heating & Cooling
- Heating Type: Other
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Construction: Brick
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 800
- Current Bldg. Use: Retail
- Year Built: 1950
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,791
- Lot Size: 3, 000 to 4, 999 SqFt
- Frontage: Paved
Financial Considerations
- Tax Amount: $2,057.99
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Documents Avail.: Aerial Photo
- Legal Description: 18-12-27-44-11800
- Property ID: 801314
Listed by Hybrid Real Estate (541) 343-0322, Heather Tipler (541) 844-8425
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Schools
Schools serving 470 Hwy 101
School District:Siuslaw School District 97j
| Name | Grades | Distance |
|---|---|---|
Siuslaw Elementary School 2221 Oak Street, Florence, OR 97439 | K-5 | 1.1 mi |
Siuslaw Middle School 2525 Oak Street, Florence, OR 97439 | 6-8 | 1.3 mi |
Siuslaw High School 2975 Oak Street, Florence, OR 97439 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 470 Hwy 101
Date
Details
Price
Change
Source
8/17/2026
Price Reduced
$280,000
-3.45%
MLS
7/16/2026
Price Reduced
$290,000
-3.33%
MLS
4/08/2026
Listed
$300,000
20%
MLS
12/30/2022
Sold
$250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 470 Hwy 101
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,058
3%
$150,829
3%
2024
$1,998
3%
$146,436
3%
2023
$1,943
4%
$142,171
3%
2022
$1,864
2%
$138,031
3%
2021
$1,826
—
$134,011
3%
2021
$1,826
7%
$130,108
2%
2019
$1,703
-1%
$126,994
3%
2018
$1,724
4%
$123,296
3%
2017
$1,661
8%
$119,705
5%
2016
$1,545
-4%
$113,802
-2%
2015
$1,608
—
$116,218
3%
2014
$1,612
4%
$112,833
3%
2013
$1,556
—
$109,547
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 470 Hwy 101
470 Highway 101, Florence, OR 97439 (MLS# 764501795) is a Retail property. 470 Highway 101 is currently listed for $280,000 and was received on April 08, 2026. Want to learn more about 470 Highway 101? Do you have questions about finding other Retail real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

