360 Main St Florence, AZ 85132
- Retail space
- 2,071 SF
- 0.08 lot acres
Current Use by Public Records
- Heart J Ranch / Jewelry Store / Clothing Store
Property Details for 360 Main St
- Year built
- 1931
- Construction
- CONCRETE
- Lot size
- 0.08 lot acres
- Property size
- 2,071 SF
- Property type
- Retail space
- APN
- 200-44-004B
- APU
- 20044004B
Description
This exceptional commercial property, located at 360 N MAIN Street in the heart of historic downtown Florence, Arizona, presents a rare opportunity for business owners. Boasting 2088 square feet of versatile space on a 0.09-acre lot, this building is ideally suited for a variety of retail or service-oriented businesses. The property features multiple separate rooms, providing flexibility for diverse operational needs. A convenient restroom is included, along with ample storage space to accommodate inventory or equipment. A covered patio at the rear of the building offers additional outdoor space, perfect for customer seating or employee breaks. The property benefits from a newer air conditioning unit, ensuring year-round comfort. Its prime street frontage location ensures high visibility and accessibility for customers. This is a turn-key opportunity to establish or expand your business in a thriving downtown area with a rich history and strong community presence. The property's size and layout offer significant potential for customization and adaptation to suit specific business requirements. Don't miss this chance to own a piece of Florence's vibrant commercial landscape. The asking price is $250,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $345,000
- 6.5%
- $345,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $315,000
- Mixed-Use
- $380,000
- Hospitality
- $325,000
- Educational
- $320,000
- Residential Income
- $365,000
- Energy
- $310,000
- Income-Based Land
- $320,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Florence
- County
- Pinal
- State
- Arizona
- Longitude
- -111.388
- Latitude
- 33.0348
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA