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114 E Main St

2,000 SF Retail Building Florence, CO 81226 $359,900 ($180/SF) 15.12% Cap Rate

Executive Summary

Have you ever wanted to purchase your very own bar & restaurant? Thriving operation with tons of traffic and visibility located in the antique capital of colorado where tourists come for a bite to eat on their way to other colorado wonders such as the royal gorge, salida, bishop's castle, san isabel, pueblo reservoir, and many more! Successful, established, turn key operation that caters to people of all ages hosting live entertainment with a hands on owner who is willing to train. This property has been well maintained with many goodies to include: new tpo roof, plumbing, kegerator, pos system, defender security cameras, stainless 8ft commercial hood, nfpa certified fire suppression system, 2 coffin coolers, 3 refrigerators, coffee maker, 5 freezers, 7 wall mounted smart tv's, 2 fryers, and metal outdoor furniture on the rear patio with seating for 40 people, the indoor capacity seats 70. Other uses per zoning: business support, sales/rental service shops, financial institutions, membership clubs, personal services such as barber, etc.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,000 SF
Building Class
B
Year Built
1900
Price
$359,900
Price Per SF
$180
Cap Rate
15.12%
NOI
$54,409
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
COM
Parking
8 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
94 FT on E. Main St

Amenities

  • Signage

Nearby Major Retailers

CrossFit
Curves

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 000061008680
  • 000061006820
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$164,200
  • Listing ID: 32377515

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 114 E Main St, Florence, CO 81226

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