$225,000
$50K PRICE DROP

305 W Main St Florence, CO 81226

Estimated payment $1,429/month

Total Views 17,414
-- Bed
-- Bath
2,474 Sq Ft
$91 Price per Sq Ft

About This Home

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!

Listing Agent

Tony Greer

Keller Williams Performance Realty Listed on: 01/17/2025

Keller Williams Performance Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,032

Year Built

  • Built in 1900

Home Design

  • 2,474 Sq Ft Home
  • Mixed Use

Additional Features

  • 0.47 Acre Lot
  • In Flood Plain

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 61009710

Property Details

Property Type

Other

Est. Annual Taxes

$3,032

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Year Built: 1900
  • Access: State Highway
  • Property Sub-Type: Mix Use
  • PropertyType: Commercial
  • Lot Size Acres: 0.4700
  • Co List Office Phone: 719-269-7355
  • MLS Status: Active
  • FloodPlain100YRYN: Yes
  • Special Features: None
  • Property Sub Type: Other

Lot Info

  • Lot Size Sq Ft: 20504.00
  • Parcel Number: 61009710

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3032.00

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,032 $50,092 $0 $0
2023 $3,032 $38,036 $0 $0
2022 $4,300 $54,383 $0 $0
2021 $4,252 $54,536 $0 $0
2020 $2,979 $44,114 $0 $0
2019 $3,005 $44,114 $0 $0
2018 $2,673 $39,648 $0 $0
2017 $2,703 $39,648 $0 $0
2016 $2,321 $34,050 $0 $0
2015 $2,298 $34,050 $0 $0
2012 $1,139 $15,376 $4,962 $10,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2025 08/20/25 Price Changed $225,000 -10.0% $91 / Sq Ft
06/09/2025 06/09/25 Price Changed $250,000 0.0% $101 / Sq Ft
06/09/2025 06/09/25 For Sale $250,000 -9.1% $101 / Sq Ft
03/25/2025 03/25/25 For Sale $275,000 0.0% $111 / Sq Ft
02/11/2025 02/11/25 Off Market $275,000 -- --
01/17/2025 01/17/25 For Sale $275,000 -- $111 / Sq Ft
Source: Royal Gorge Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed Of Distribution -- None Listed On Document
Special Warranty Deed $240,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 New Conventional
Source: Public Records

Source: Royal Gorge Association of REALTORS®

MLS Number: 1895689

Royal Gorge Association of REALTORS®

APN: 000061009710