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Tl1700 Hwy 101, Florence, OR 97439

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For Sale

$849,000

4.91 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 4.9 acres
    Lot size

Explore this Property

Excellent sellers carry terms available. A remarkable opportunity awaits with this 4.9-acre property boasting mixed-use potential. Positioned in a prime location, the site is anchored by Fred Meyer to the south and a new multi-use area to the east, just south of Munsel Lake Road. This rapidly growing area is further enhanced by the new Three Mile Prairie subdivision to the north, presenting promising prospects for development. To aid in your planning, please refer to the Report by Sheldon Planning attached to this listing, which offers valuable insights and potential mixed-use planning ideas for the property. This information can guide you in exploring the diverse range of possibilities that this parcel presents.One significant advantage is that the seller has already taken care of the $50,000 assessment for City Sewer and water, both of which are conveniently located at the property line. This valuable infrastructure allows for seamless connectivity and simplifies the development process. The property's mixed-use potential is further enhanced by the city's encouragement of a mix of commercial and high-density housing. This presents an excellent opportunity to create a versatile and vibrant multi-use development that meets the demands of the growing community. With its strategic location and supportive local environment, this property offers an exceptional multi-use opportunity. Whether you envision a combination of commercial spaces, residential units, or a blend of both, this property provides the ideal canvas for realizing your vision. Don't miss out on this extraordinary chance to capitalize on the area's growth and potential...take the first step towards unlocking the full potential of this 4.9-acre property by exploring the possibilities it holds. Oak Street is being improved on the west property line and Highway 101 on the east property line. Schedule a viewing and begin envisioning the future of this remarkable mixed-use opportunity today.
MLS# 23649122

Courtesy Of Coldwell Banker Coast Real Estate

(541) 997-7777

Property Features

  • Architecture Style
    Other
  • Lot Size
    4.91 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to Tl1700 Hwy 101, Florence, OR 97439

Home seller CENTURY 21 Best Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Best Realty, Inc.

(541) 267-2221
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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