$195,000
( $169.57Per Sq Foot )
 $1,047 est/mo Sourced by Back At You

406 Broadway,Penrose, CO 81240

Penrose, CO 81240

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Description

FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. This is NOT being sold as a business, but there's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant and the existing laundromat is open part-time. There is a small studio apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. OR, remove all existing structures and build a brand new business on the 4 lots--- Located next to the VFW and close proximity to the Penrose Park & Recreation District, School, Post Office, Grocery Store, and Restaurants, this is a perfect opportunity to improve upon an existing business or start a NEW one of your own!

Details

MLS #838162
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Year1945
Days On Site12
Listing Provided By20 Sleeps West Real Estate | Debra Harmon

Features

Bath(s) 2 Total
SQ Feet1,150
Story(s)1
Units3
ZoningBusiness
Acreage0.32

Interior

Cooling Yes / NoYes
CoolingEvaporative Cooling
Heating Yes / NoYes
HeatingHot Water, Natural Gas
FurnishedUnfurnished

Utilities

UtilitiesWater Available, Water Connected

Other

List AorMontrose Association Of Realtors

Taxes

Property1227

Area Information

StateCO
CountyFremont
CityPenrose
Zip Code81240
AreaOther Area
Listing VS Median (in 81240)
Price:
$195,000
low | high
Med:
$195,000
50% of Average
sqft:
1,150
low | high
Med:
1,150
50% of Average
$ / sqft:
$170
low | high
Med:
$170
50% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You

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Learn More About This Property

StateCO
CountyFremont
CityPenrose
Zip Code81240
AreaOther Area
Listing VS Median (in 81240)
Price:
$195,000
low | high
Med:
$195,000
50% of Average
sqft:
1,150
low | high
Med:
1,150
50% of Average
$ / sqft:
$170
low | high
Med:
$170
50% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: August 19, 2026 at 12:42:57 AM PDT