Commercial Land with Utility
New
For Sale
$195,000
406 Broadway, Penrose, CO 81240
Four-lot commercial property with existing improvements and multiple utility connections in a business district setting.
Property Size1,150 SF
Price / SF$169.57
Days on Market5
Property Features for 406 Broadway
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$1,227
Building Details
Year Built
1945
Listing Agency:
20 Sleeps West Real Estate
(970) 901-5131
Listed By:
Debra Harmon
(970) 901-5131
Source:
Exitrealty
Added: Aug 19
Changed: Aug 21
Last Checked: Aug 22 at 4:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 20 Sleeps West Real Estate
Investment Insights
Based on property information with market context.
This four-lot commercial property includes an existing 1,150-square-foot building constructed in 1945. The improvements include a part-time laundromat, a dormant car wash, and a small studio apartment at the rear with air conditioning and a backyard. The property is offered as real estate rather than as an operating business, allowing the existing structures to be improved or removed for a new commercial development.
Utility infrastructure includes two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water connection is a ¾-inch domestic tap, while the 1½-inch line serves the building and connects to a 4-inch main across the street. The property is in Penrose’s Business District, near the VFW, Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. It is approximately 12 miles east of Canon City.
Utility infrastructure includes two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water connection is a ¾-inch domestic tap, while the 1½-inch line serves the building and connects to a 4-inch main across the street. The property is in Penrose’s Business District, near the VFW, Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. It is approximately 12 miles east of Canon City.
Key Highlights
- Four commercial lots in Penrose’s Business District
- Existing 1,150 SF building constructed in 1945
- Includes dormant car wash and part‑time laundromat
Property Analytics
Property Profile
Current Use
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?
Commercial land - Four-lot commercial property with existing improvements and multiple utility connections in a business district setting.
Where is this commercial land 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 commercial lots in Penrose’s Business District; Existing 1,150 SF building constructed in 1945; Includes dormant car wash and part‑time laundromat
