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406 Broadway

Penrose, CO 81240
  • $250,000
  • STATUS: Active
  • ON SITE: 790 Days
  • MLS #: 799685
UPDATED: 85 min ago
$250,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,150
    SQFT
  • $217
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1945
County:
Area:

School Ratings & Info

Listing courtesy of 20 Sleeps West Real Estate: 970-901-5131.


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 " line and is considered a domestic tap. One of the water taps is a 1 " line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The existing laundromat allows for more capacity and increased revenue by upgrading the machines and dryers. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. 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! Listing agent is related to the Seller.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-01-18T11:56:26.047.
www.destinationdro.com/homes/134910765
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406 Broadway Penrose, CO 81240

  • Price: $250,000
  • Status: Active
  • On Site: 790 Days
  • Updated: 85 min ago
  • MLS #: 799685
0
Beds
1
Baths
1
½ Baths
0.32
Acres
1,150
SQFT
$217
$/SQFT
1945
Built
Neighborhood:
Other Area
County:
Fremont
Area:
Other Area
Property 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 " line and is considered a domestic tap. One of the water taps is a 1 " line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The existing laundromat allows for more capacity and increased revenue by upgrading the machines and dryers. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. 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! Listing agent is related to the Seller.
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension 14000 s/f Sewer Public Sewer Installed Stories 1 Water Domestic Water AvailablePublicTap Installed Paid Water Well No Waterfront YN No

Interior Features

Cooling Type Evaporative Cooler Finished Sq Ft 1150 Heating Fuel Source Natural Gas Heating System Boiler Main Sq Ft 1150 One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Covenants NO Current Use Other Exchange Trade No Fixtures Included Yes Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use Other Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Taxes 1227.64 Type Multi-Use Water Rights No Zoning Type Business

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2025-01-18T11:56:26.047.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of 20 Sleeps West Real Estate: 970-901-5131.