$998,000
Lot Size: 51,400 sqft

345 HWY 101, Florence, OR 97439

For Sale On ZeroDown for 3 years
HEART OF THE CITY RE-DEVELOPMENT PROPERTY. Prime location w/over 400 feet of Hwy. 101 visibility & frontage + rear access along Laurel Street. 1.18-acre site consisting of 5 older buildings: zoned Main Street A intended for high-density mixed-use (commercial + residential). All the Highway improvements are now complete and your next venture awaits! Re-purpose the massive timbers & beams (bridge deck forms from 1936) into your own creation. Possible owner terms on approved credit.
Buy this home
We'll match the lowest rate, upgrade bid to a cash offer, and hold your hand every step of the way.
$4,657 per month See breakdown
20% down, 30 year mortgage, 5.915% APR
RMLS Logo

Listing courtesy of Coldwell Banker Coast Real Est

All About The Home

Property Details for 345 HWY 101

Property Facts
Status
Active
Style
Miscellaneous, Commercial, Commercial Sale
MLS #
20079659
Community
Florence, OR
Year Built
1936
lot_size
1 to 2.99 Acres
Property Type
Commercial Sale, Commercial
Time On ZeroDown
3 years
Lot Size
51,400 sq ft.
Interior Features

Heating & Cooling

Fuel:
Electricity
Heating:
Other
See 20+ more property details
Listed by: Andy Johnson
Brokerage: Coldwell Banker Coast Real Est
MLS#: 20079659
Source: RMLS
Details provided by RMLS and may not match the public record.

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Financials

Market Comparison for 345 HWY 101

There aren't too many bidding wars right now in 97439, with homes selling 2% below asking price over the last three months.

Is 345 HWY 101 a good investment?

How is this property expected to appreciate? Will this property outpace the market? Learn more about the appreciation levels for this area.

What should I look out for?

How Are the Schools near 345 HWY 101?

97439 public schools nearby are not great, ranking below the national average.

Can I raise a family near 345 HWY 101?

97439 has a neighborly feel with 70% of homes owner-occupied and an average household size of 2.1 members.

There are options for childcare for young familes in 97439, including Florence Head Start.

Is this area safe?

97439 is very safe compared to national averages.

What's nearby 345 HWY 101?

This house is right near Waterfront Depot Restaurant, one of the best tapas places around.

Instacart grocery delivery is available in 97439 from 3 stores including Safeway, Fred Meyer, and Rite Aid® Pharmacy.

Dessert shops like BJs, Cheri's Bakery and Donut Shop, and All About Olives are great options in 97439 for satisfying your sweet tooth.

What are my public transportation options near 345 HWY 101?

More than 73% of commuters drive to work alone in 97439.

Where Can I Charge My Electric Vehicle near 345 HWY 101?

There are 4 electric vehicle charging locations in 97439 with a total of 15 level 2 and 1 DC fast chargers.

Recently Sold Homes near 345 HWY 101

41 homes were sold in 97439 this month, which is 37% higher than last month and 25% lower than last year.

Milkyway

How is the night sky in Florence?

COVID-19 Vaccination Rates for Lane

The vaccination rate in Lane is 48, ranking 8th in the state.

Natural Hazards risk in Florence

How are the noise levels near 345 HWY 101?

Is the air quality good near 345 HWY 101?

The air quality in 97439 was moderate last year, with 8 days when the Air Quality Index exceeded 100.

Will I Like My Neighbors near 345 HWY 101?

This home is in a precinct that voted for Joe Biden in 2020, who took 51% of the 6127 votes cast.

97439 has a neighborly feel with 70% of homes owner-occupied and an average household size of 2.1 members.

90.8% of adults in 97439 have completed high school, which is 1.0% higher than the national average.

Who provides the best cell coverage near 345 HWY 101?

Who provides internet near 345 HWY 101?

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