This exceptional 2,000 square foot commercial property, located at 114 E Main St in Florence, CO, presents a unique investment opportunity. Situated on a 0.08-acre lot, this established bar and restaurant boasts a remarkable 22% cap rate, attracting significant traffic due to its prime location in Colorado's Antique Capital. The business enjoys high visibility and caters to a diverse clientele of all ages, further enhanced by regular live entertainment. The current owner is willing to provide comprehensive training, ensuring a smooth transition for the new owner. The property has been meticulously maintained and features numerous upgrades, including a new TPO roof, 5-inch steel commercial gutters, updated plumbing, a state-of-the-art POS system, Defender security cameras, an 8-foot stainless steel commercial hood, and an NFPA-certified fire suppression system. The well-equipped kitchen includes two coffin coolers, three refrigerators, a coffee maker, five freezers, and two fryers. The establishment offers ample seating, accommodating 70 indoors and 40 on the rear patio, furnished with metal outdoor furniture. Seven wall-mounted smart TVs add to the ambiance. Zoning allows for various uses, including business support services, sales/rental shops, financial institutions, membership clubs, and personal services such as barber shops. This turnkey operation is ready for immediate success. Priced at $329,900.
Commercial real estate - Thriving business, high visibility, turnkey operation.
Where is the commercial real estate located?
The property is located at 114 Main St Florence, CO.
What is the asking price?
The asking price for this property is $329,900.
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Main St Florence, CO 81226
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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