Gillespie realty group

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$630,000
31 Days On Site

478 HIGHWAY 101
Florence, OR97439

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
7,313
SqFt
$86
/SqFt
1954
Built
County:
Lane
Listing courtesy of Heather Tipler of Hybrid Real Estate (541) 844-8425

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

478 HIGHWAY 101478 HIGHWAY 101478 HIGHWAY 101478 HIGHWAY 101
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Strategically situated in a high-traffic area along Highway 101 in the heart of Florence, this building benefits from outstanding exposure, easy accessibility, and proximity to established businesses, and residential neighborhoods. The location supports both steady foot traffic and convenient vehicular access, making it ideal for a wide range of commercial uses. Inside, the building features a functional and adaptable interior that can accommodate virtually any commercial vision. The open design allows for seamless customization, whether for professional offices, retail operations, restaurant, medical or wellness services, or mixed-use concepts The first floor offers 3637 sq feet of retail space, an accessible bathroom, office and breakroom space the possibilities are endless. Upstairs is a blank canvas with space for up to four apartments, additional offices or a combination. With exterior access to the second floor and wiring and plumbing stubbed in, there is no limit on what it can be used for! Current upgrades to the property include a newer membrane roof, full gutting and clean up of the upper level, extensive electrical panel upgrades, security system, and more! From an investment perspective, this property represents a compelling rate-of-return opportunity. Designed to support stable occupancy and long-term value growth, the building offers a layout conducive to attracting quality tenants across multiple industries. The income potential is enhanced by flexible configurations, allowing owners to optimize leasing strategies or adapt spaces to evolving market demands. Investors will recognize the advantage of acquiring a well-positioned asset with both immediate revenue possibilities and future appreciation prospects. This can also be bought as a package deal with neighboring 470 Hwy 101! Opportunities like this are increasingly difficult to find — a commercial property that checks the boxes for location, income performance and expandability.

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Listing Snapshot
Price 
$630,000
Days On Site 
31 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,313 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
1954
MLS® Number 
525250622
Status 
Active
Property Tax 
$3,325
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.13
Additional Property Use 
Retail
Number Of Stories 
2
Parking 
On Site
Sewer 
Public Sewer
SqFt Total 
7313
Water Source 
Public
Zoning 
MSA
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Exterior Features
Construction Details 
Brick
Roof 
Membrane
Community Features
Financing Terms Available 
CashConventional
MLS Area 
_228
Roads 
Paved
Listing courtesy of Heather Tipler of Hybrid Real Estate (541) 844-8425



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hybrid Real Estate are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-03-24 02:30 AM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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