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Property profile & analytics
OFF-MARKET
Retail space

114 Main St Florence, CO 81226-1529

2,000 SF 0.08 ac lot Built 1900
Individually Owned 1-yr Hold Free & Clear
Property ID
US13-0089636
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 2,000 SF
Lot 0.08 ac (3,500 SF)
APN 61006820
UPID US13-0089636
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Matthew L Little · 1 yrs held
Matthew L Little
since 2025
Last sale
$140,000
7 recorded transactions
2025
$140,000
2021
Price N/A
2020
$190,000
2017
Price N/A
2016
Price N/A
2016
$165,000
2016
$130,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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