Conventional Restaurant

Penrose, CO Conventional Restaurants for Sale

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Historic Event Venue Building
Updated: Sep 25, 2025
Historic Event Venue Building

708 Fremont Street, Penrose, 81240

$1,250,000
9.82 AC lot
Built in 1912 with high ceilings, wood beams, and brick construction
More than 2,000 sq. ft of built living space
Many upgrades including electric, plumbing, and roof
3 acres completely fenced, with a three‑car garage and carport
Landmark setting with an on‑site Billboard and one of the world’s largest rocking chairs
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Restaurant and Workshop Property
Updated: Jul 21, 2025
Restaurant and Workshop Property

15560 Highway 115, Penrose, 81240

$795,000
8.49 AC lot
Commercial location on Co. St. Hwy. 115 in Penrose with 650 ft of highway frontage and 11,000 average daily traffic passersby
Restaurant building totals 2,982 SF with commercial kitchen and 3 1/2 baths
Includes 5BD/4BA 2,084 SF home plus a 30' x 50' shop set up for large machinery
Two access points and maximum parking for large event venue use
Additional outbuildings: two 10' x 30' modular sheds
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Historic Restaurant and Event Venue
Historic Restaurant and Event Venue

708 Fremont Street, Penrose, CO 81240

$1,250,000
8,660 sqft 3.00 AC lot

Historic brick building with high ceilings, wood beams, billboard presence, and space suited for dining or events.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Building with Ample Parking
Restaurant Building with Ample Parking

3400 W Northern Ave, Pueblo, CO 81005

$599,500
4,569 sqft

4,569 SF restaurant building with parking for sale.

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Remodeled Restaurant with Parking Lot
Remodeled Restaurant with Parking Lot

512 Royal Gorge Boulevard, Canon City, 81212

$550,000
3,049 sqft 0.24 AC lot

Remodeled restaurant building with paved, private parking lot and business fixtures included with the sale.

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Conventional Restaurant Building
Conventional Restaurant Building

1918 W Northern Ave, Pueblo, CO 81004

$239,900
2,100 sqft 0.28 AC lot

Zoned COM and listed for sale as a conventional restaurant property totaling 2,100 square feet on a 0.28-acre lot.

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Multi-Level Restaurant and Flex Space
Multi-Level Restaurant and Flex Space

605 Main Street, Canon City, CO 81212

Contact for pricing
15,000 sqft

Three-level commercial building with a main-level restaurant setup and newer roof plus newer heating and air conditioning.

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Penrose, CO Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Penrose, CO, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,660 square feet of properties for sale, with an estimated market value of $3,295,000.

Sale prices for conventional restaurants in Penrose, CO start at $795,000, averaging $1,098,333, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3

Demographics Overview

Population 4,533
Population Growth (5Y) +25.7%
Median Household Income $79,514
College Educated 40.6%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fremont County

New Delisted

Total CRE Inventory on Market (SF)

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