2420 HIGHWAY 101

Florence, 97439

  • Bed

  • Bath

  • 4200 SqFt

  • 53 DOM

  • Built: 1984

  • Status: Active

$1,250,000

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2420 HIGHWAY 101

Florence 97439

$1250000

  • Bed

  • Bath

  • 4200 SqFt

  • 53 DOM

  • Built: 1984

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Excellent investment and business opportunity on a prime commercial property on Highway 101 with very high traffic count at your front door. Great accessibility to this prime half acre with over 4300 square foot prime retail and commercial building, a huge paved parking lot with 22 designated parking spaces and a large 1000 gallon propane storage tank. The front 2200 square feet of retail space has been recently updated with new double pane windows and premium laminate flooring. This space has a new 10 year lease at $3,000 a month with escalation clauses. The back portion of the building features a state-of-the-art laundromat with 18 Dexter washers and 10 Dexter double stacked gas dryers, (20) ranging from 20 to 90 pound capacities, all with recent upgrades to digital card readers. The laundry is ADA accessible with three card access showers and a restroom. There is a room setup for an attendant to provide "Fluff and Fold" service with the potential of 25/30% revenue increase. There is a twelve camera "Ring" security system with full remote control to open and close.

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