1856 37TH ST, Florence, OR 97439

Property Description

Prime commercial opportunity on a high-visibility corner location! This 0.51-acre commercial property spans three tax lots and sits at the corner of Hwy 101 and 37th Street, offering approximately 120 feet of Hwy 101 frontage for excellent exposure. The property features two income-producing buildings. The first is a charming two-story building built in 1938. The upper level offers a 720 sq ft, 1-bedroom, 1-bathroom apartment—ideal for owner occupancy or rental income. The main level consists of 2,128 sq ft and is currently operating as a thrift store. The second building, constructed in 1991, is a single-level commercial structure with versatile use. Approximately half of the building (1,696 sq ft) is currently operating as a laundromat, while the remaining 1,504 sq ft is home to a deli/café. Exceptional visibility, multiple revenue streams, and flexible commercial use make this a standout investment along Hwy 101.