Bought with Comps, Only Comps, Only
$175,000
$225,000
22.2%For more information regarding the value of a property, please contact us for a free consultation.
305 W Main ST Florence, CO 81226
0.47 Acres Lot
Key Details
Sold Price $175,000
Property Type Commercial
Sub Type Mix Use
Listing Status Sold
Purchase Type For Sale
Subdivision Chase & Frazier Add
MLS Listing ID 1895689
Sold Date 03/03/26
Year Built 1900
Annual Tax Amount $3,032
Tax Year 2024
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Mix Use
Source Royal Gorge Association of REALTORS®
Property Description
Discover a one-of-a-kind property in the heart of Florence, Colorado, brimming with potential for both residential and commercial use. Situated on a prominent corner lot along State Highway 115 (Main Street), this versatile property offers exceptional visibility and convenience, making it a prime choice for investors or entrepreneurs looking to establish or expand their business in a thriving community.
Property Features: *Residence: The main house is an 854-square-foot 1-bedroom (potential for 2 bedrooms), 1-bath home with efficient hot water heat. *Studio Apartment: A 616-square-foot studio apartment with a newer roof and a 3/4 bath provides additional rental opportunities or housing flexibility. *Commercial Garage: A spacious 1,004-square-foot garage comes equipped with a bathroom and a dedicated parts room. Its strategic location and amenities make it perfect for an auto repair business or other commercial ventures. *Storage Units: Additional storage units on the property offer further income potential or valuable space for tenants and businesses.
With all spaces fully occupied, the property can generate over $2,000 per month in rental income, not including additional revenue from storage unit rentals. The property's diverse structures make it an ideal candidate for multiple uses, including residential rentals, commercial operations, or a combination of both. With its prime location on Main Street, it's perfectly positioned for creative redevelopment or adaptive reuse. Bring Your Vision:
Whether you're an investor seeking steady rental income, an entrepreneur ready to launch a business, or someone with a passion for revitalizing historic properties, this unique offering provides the flexibility and opportunity to thrive in Florence. Don't miss out on this versatile property—schedule a showing today and explore the endless possibilities it holds!
Location
State CO
County Fremont
Community Chase & Frazier Add
Others
Tax ID 61009710
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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