345 HWY 101Florence, OR97439

$475,000
4000 sq. ft
0.51 acres
SqFt20000toAcres1
Zoning: Main A
1524 days on market

VestorFilter™

Price per ft²$118.75/ft²
Recent price drop$523,000
Price per acre$931.4K/ac
Time on market1524 days

Property Description

HEART OF THE CITY RE-DEVELOPMENT PROPERTY. Prime location with Highway 101 visibility & frontage + rear access along Laurel Street. .51-acre site consisting of 2 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.

{{ compliance-logo }}Listing Provided By Coldwell Banker Coast Real Est

Financial Data

Date Sold2023-10-31
Sold Price$475,000
Price ChangeDropped $523,000 on 10/31/2023
Total $625,000 drop
Original Price$1,100,000
Current Price$475,000
Property Taxes$6,915

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Home Facts

StatusSold
Year Built1936
Stories2
MLS ID20079659