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Restaurant and Workshop Property

15560 Highway 115 Penrose 81240

15560 Highway 115, Penrose, 81240
$795,000
For Sale
$795,000

COMMERCIAL - Penrose

Property Size2,982 SF
Lot Size8.49 Acres
Price / SF$266.60
Days on Market368

Property Features for 15560 Highway 115

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
69003750
Lot size
8.49 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Tract 52 Beaver Park
Tax Annual Amount
4850

Building Details

Year built
1948
Listing agency Keller Williams Performance Realty
Listed by Brandon S. Angel
Added: Jul 21, 2025 Updated: Jul 22 at 5:00PM Checked: Jul 23 at 8:06AM
MLS# 4589139

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property includes a current restaurant building of 2,982 square feet with a commercial kitchen and three 7 1/2 baths. There is also a 5-bedroom, 4-bath home of 2,084 square feet, along with a 30' x 50' shop set up for large machinery. Additional outbuildings include two 10' x 30' modular sheds.

The site offers two access points and approximately 650 feet of Highway 115 frontage with reported 11,000 average daily traffic passersby. Parking is noted as accommodating for large event venue use.

Utility connections include three water taps, three electric taps, and two gas meters. The remarks indicate broad allowable uses in the zone district, with dwelling and even multi-family listed among options, subject to special review.

Key Highlights

  • 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pharmacy Food Market Department Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Restaurant building with commercial kitchen plus a large machinery shop, outbuildings, and utility hookups on Highway 115.
Where is this conventional restaurant located?
The property is located at 15560 Highway 115 Penrose.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 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
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