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    114 Main St Florence, CO 81226

    For Sale
    $329,900

    Thriving business, high visibility, turnkey operation.

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 2,000 square foot commercial property, located at 114 E Main St in Florence, CO, presents a unique investment opportunity. Situated on a 0.08-acre lot, this established bar and restaurant boasts a remarkable 22% cap rate, attracting significant traffic due to its prime location in Colorado's Antique Capital. The business enjoys high visibility and caters to a diverse clientele of all ages, further enhanced by regular live entertainment. The current owner is willing to provide comprehensive training, ensuring a smooth transition for the new owner. The property has been meticulously maintained and features numerous upgrades, including a new TPO roof, 5-inch steel commercial gutters, updated plumbing, a state-of-the-art POS system, Defender security cameras, an 8-foot stainless steel commercial hood, and an NFPA-certified fire suppression system. The well-equipped kitchen includes two coffin coolers, three refrigerators, a coffee maker, five freezers, and two fryers. The establishment offers ample seating, accommodating 70 indoors and 40 on the rear patio, furnished with metal outdoor furniture. Seven wall-mounted smart TVs add to the ambiance. Zoning allows for various uses, including business support services, sales/rental shops, financial institutions, membership clubs, and personal services such as barber shops. This turnkey operation is ready for immediate success. Priced at $329,900.

    Property Features for 114 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,000 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Florence
    County
    Fremont
    State
    Colorado
    Longitude
    -105.1172
    Latitude
    38.38952

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving business, high visibility, turnkey operation.
    Where is this commercial real estate located?
    The property is located at 114 Main St Florence, CO.
    What is the asking price?
    The asking price for this property is $329,900.
    (719) 546-1717
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 Main St Florence, CO 81226
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