305 W Main St Florence, CO 81226
Estimated payment $1,409/month
Highlights
- 0.47 Acre Lot
- Detached Garage
- 1-minute walk to Pioneer Park
- Ranch Style House
- Evaporated cooling system
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,032
Year Built
- Built in 1900
Lot Details
- 0.47 Acre Lot
Parking
- Detached Garage
Home Design
- 854 Sq Ft Home
- Ranch Style House
- Wood Frame Construction
- Stucco Exterior
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Schools
- Fremont Elementary School
Utilities
- Evaporated cooling system
- Heating System Uses Natural Gas
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 61009710
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,990 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | Pending | -- | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $225,000 | -10.0% | $263 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $250,000 | -9.1% | $293 / Sq Ft |
| 02/13/2025 02/13/25 | For Sale | $275,000 | -- | $322 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed Of Distribution | -- | None Listed On Document | |
| Special Warranty Deed | $240,000 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,000 | New Conventional |
Source: Royal Gorge Association of REALTORS®
MLS Number: 2773703
APN: 000061009710
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