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    108 Main St Florence, CO 81226

    For Sale
    $350,000

    Historic building, high potential, 16,000+ sq ft.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This classic mixed-use building, located at 108 W Main Street in Florence, Colorado, presents a unique investment opportunity. Spanning over 16,000 square feet on a 0.18-acre lot, this property boasts a rich history and significant redevelopment potential. The building currently features a partially remodeled bowling alley on the ground floor, offering a solid foundation for a variety of commercial ventures. The substantial second floor presents a prime opportunity for the creation of multiple apartment or condominium units, catering to the growing demand for residential spaces in the area. The expansive basement area offers even more possibilities, with potential uses including a speakeasy, pool hall, or other creative commercial concepts. The building's prime Main Street location ensures high visibility and accessibility, making it an ideal investment for both seasoned developers and entrepreneurs seeking a unique and profitable venture. The property's size and versatile layout provide ample room for customization and expansion, allowing for the creation of a truly distinctive and profitable mixed-use development. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential. The existing structure provides a solid base for a creative vision, allowing for the development of a thriving commercial and residential space. The possibilities are endless. Serious inquiries only.

    Property Features for 108 Main St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1895
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Florence
    County
    Fremont
    State
    Colorado
    Longitude
    -105.1182
    Latitude
    38.3903

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building, high potential, 16,000+ sq ft.
    Where is this mixed-use property located?
    The property is located at 108 Main St Florence, CO.
    What is the asking price?
    The asking price for this property is $350,000.
    (719) 635-7653
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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
    108 Main St Florence, CO 81226
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