115 E Main St

Florence, CO, 81226

$975,000

$50 per ft²
$975,000
$50 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
19,320 ft²
property_type
Commercial
calendar
Built 1917
Speculation opportunity in the downtown business district of historic Florence Colorado. One of the largest commercial buildings in the city, this sprawling building is made up of several small businesses including a gym, restaurant, professional offices, retail stores, storage units and more. Flexible zone district allows for residential/commercial uses. Excellent location with South facing frontage along State Highway 115 with curbside and overflow parking. Versatility with some high ceilings, 3 phase electric, large basement, unfinished second story and fiber internet available. Alley access and coveted 75' x 140' off street parking lot with additional 12.5 x 140' parking. Potential future uses are endless but include: brewery, showrooms, business incubator, high end housing, etc. Current rents are under market value and potential to turn profit is huge. Currently have 8 tenants (not including storage units) with 3 open units. All month-to-month, with several having been there long term. Current rents over $7000/mo. are 50% of what market value commands. Location is Scenic Byway, National Historic District, Opportunity Zone (OZ) and the antique/arts capital of Colorado. Flourishing Business district with retail, restaurants and downtown friendly ambiance. See virtual tour for floorplan.
MLS® ID:
199312
Updated:
12/1/22
RE/MAX OF PUEBLO, INC.
Team Gary Miller

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Air
Heating
Forced Air

Exterior/Building Features

Lot Size
0.76 acres lot
Lot Details
Historic Business District, Interior Lot, General Business District, Neighborhood Business District
Roof
Rubber
Sewer
Public Sewer

School Information

High School
RE-2
Elementary School
RE-2

Other Property Details

Area Name
Outlying
Taxes
$9500
Tax Frequency
per YEAR
Garage
No
Parking
Paved, Concrete
View
N
County
Fremont
Water Source
Public
Pool
No
Total Stories
2
Zoning
CHB

Courtesy of Keller Williams Performance Realty, Brandon Angel,
Listing Contact:  

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by the MLS.

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RE/MAX OF PUEBLO, INC.
Team Gary Miller
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