Car Wash Property with Utility
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 Market8
Property Features for 406 Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
1
Rooms
Bathroom 2, Bathroom 1
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
power hookups
natural gas hookups
sewer taps
water taps
laundromat
carwash
studio apartment
backyard
air conditioning
Building Details
Year built
1945
Listing Agency:
20 Sleeps West Real Estate
(970) 901-5131
Listed By:
Debra Harmon
(970) 901-5131
Added: Aug 16
Changed: Aug 19
Last Checked: Aug 23 at 5:06AM
MLS# 838162
Copyright © 2026 Colorado Real Estate Network Inc. 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 car wash property comprises four lots totaling 0.32 acres in the Penrose Business District. Improvements include a 1,150-square-foot building constructed in 1945, a dormant car wash, and a laundromat that operates part-time. A studio apartment at the rear includes air conditioning and a backyard. The property is not being sold as an operating business.
Utility infrastructure includes two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water connection is a 3/4-inch domestic tap, while the second 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 the Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. Existing structures may be improved or removed for new construction across the four-lot site.
Utility infrastructure includes two power hookups, two natural gas hookups, two sewer taps, and two water taps. One water connection is a 3/4-inch domestic tap, while the second 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 the Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. Existing structures may be improved or removed for new construction across the four-lot site.
Key Highlights
- Four lots totaling 0.32 acres in the Penrose Business District
- 1,150‑square‑foot building constructed in 1945
- Dormant car wash and part‑time laundromat on site
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 include an existing building, dormant car wash, part-time laundromat, and rear 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 totaling 0.32 acres in the Penrose Business District; 1,150‑square‑foot building constructed in 1945; Dormant car wash and part‑time laundromat on site
