Commercial Land with Existing
For Sale
$195,000
406 Broadway, Penrose, CO 81240
Four parcels include a part-time laundromat, a dormant car wash, and a rear studio apartment.
Property Size1,150 SF
Price / SF$169.57
Days on Market77
Property Features for 406 Broadway
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Commercial
Building Details
Year Built
1945
Listing Agency:
20 Sleeps West Real Estate
Listed By:
Debra Harmon · License #ER100016695
(970) 901-8997
Source:
Mountainmeadowrealestate
Added: Jul 12
Changed: Sep 24
Last Checked: Sep 26 at 7:08AM
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.
Four lots in Penrose’s business district include a 1,150 s/f building constructed in 1945. The property has a laundromat that operates part-time, a dormant car wash, and a small studio apartment at the rear with air conditioning and a backyard. The offering is for the real estate, not the businesses; existing structures may be removed for a new commercial project.
Utility connections include two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water tap is a ¾-inch domestic line; the other is a 1½-inch line serving the building. Both connect to a 4-inch main across the street.
The property is approximately 12 miles east of Canon City and near the VFW, Penrose Park & Recreation District, a school, post office, grocery store, and restaurants.
Utility connections include two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water tap is a ¾-inch domestic line; the other is a 1½-inch line serving the building. Both connect to a 4-inch main across the street.
The property is approximately 12 miles east of Canon City and near the VFW, Penrose Park & Recreation District, a school, post office, grocery store, and restaurants.
Key Highlights
- Four lots in Penrose’s business district
- 1,150 s/f building constructed in 1945
- Part‑time laundromat, dormant car wash, and rear studio apartment with air conditioning and backyard
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
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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
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Commercial land - Four parcels include a part-time laundromat, a dormant car wash, and a rear studio apartment.
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 lots in Penrose’s business district; 1,150 s/f building constructed in 1945; Part‑time laundromat, dormant car wash, and rear studio apartment with air conditioning and backyard
