Car Wash and Laundromat
For Sale
$195,000
406 Broadway, Penrose, CO 81240
COMMERCIAL, Penrose, CO
Property Size1,150 SF
Lot Size0.32 Acres
Price / SF$169.57
Days on Market24
Property Features for 406 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 2
Directions
From Hwy 115, turn east on Broadway, subject property is on the right (next to the VFW)
Standard status
Active
Size
1,150 SF
Lot size
0.32 Acres
Amenities
studio apartment
backyard
air conditioning
Building Details
Year built
1945
Listing Agency:
20 Sleeps West Real Estate
(970) 901-5131
Listed By:
Debra Harmon · License #ER100016695
(970) 901-8997
Added: Aug 16
Changed: Sep 2
Last Checked: Sep 8 at 8:06PM
MLS# 838162
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Investment Insights
Based on property information with market context.
This car wash property comprises four lots in Penrose’s Business District with an existing 1,150-square-foot building constructed in 1945. The car wash is dormant, while the laundromat operates part-time. A small studio apartment occupies the rear of the laundromat and includes air conditioning and a backyard.
The property includes two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water tap is a 3/4-inch domestic line, while the other is a 1 1/2-inch line serving the building; both connect to a 4-inch main across the street. The site is next to the VFW and near Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. It is approximately 12 miles east of Canon City.
The property includes two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water tap is a 3/4-inch domestic line, while the other is a 1 1/2-inch line serving the building; both connect to a 4-inch main across the street. The site is next to the VFW and near Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. It is approximately 12 miles east of Canon City.
Key Highlights
- Four lots in Penrose’s Business District
- Existing 1,150‑square‑foot building constructed in 1945
- Dormant car wash with part‑time laundromat
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 81240, CO
4,366
Population
1,857
Households
2.4
Avg Household Size
50
Median Age
29%
College-Educated
96%
High-School Grad
138.7 sq mi
ZIP Area
31
Density / Sq Mi
$79,514
Median Household Income
$51,364
Median Earnings
$1,364
Median Rent
$282,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Four business-district lots with existing utility connections, a part-time laundromat, dormant car wash, and studio apartment.
Where is this car wash located?
The property is located at 406 Broadway Penrose, CO.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Four lots in Penrose’s Business District; Existing 1,150‑square‑foot building constructed in 1945; Dormant car wash with part‑time laundromat
