Four-Lot Commercial Land with
For Sale
$195,000
406 Broadway, Penrose, CO 81240
Existing improvements include a part-time laundromat, dormant car wash, and studio apartment.
Property Size1,150 SF
Price / SF$169.57
Days on Market15
Property Features for 406 Broadway
General Information
Standard status
Active
Size
1,150 SF
Taxes and HOA fees
Annual Taxes
$1,227
Listing Agency:
20 Sleeps West Real Estate
(970) 901-8997
Listed By:
Debra Harmon
(970) 901-8997
Source:
Exprealty
Added: Aug 16
Changed: Aug 29
Last Checked: Aug 29 at 4:21PM
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 land offering includes an existing 1,150 s/f building with a part-time laundromat, dormant car wash, and small studio apartment. The apartment has air conditioning and a backyard. Existing 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, while the other is a 1 ½-inch line serving the building; both connect to a 4-inch main across the street.
The property is located at 406 Broadway in Penrose, Colorado, approximately 12 miles east of Canon City. It sits near the VFW, Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. The existing structures may be removed for construction of a new business, or the current improvements may be upgraded.
The property is located at 406 Broadway in Penrose, Colorado, approximately 12 miles east of Canon City. It sits near the VFW, Penrose Park & Recreation District, a school, post office, grocery store, and restaurants. The existing structures may be removed for construction of a new business, or the current improvements may be upgraded.
Key Highlights
- Four commercial lots in Penrose’s Business District
- 1,150 s/f building with laundromat, car wash, and studio apartment
- Two power hookups and two natural gas hookups
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 - Existing improvements include a part-time laundromat, dormant car wash, and 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 commercial lots in Penrose’s Business District; 1,150 s/f building with laundromat, car wash, and studio apartment; Two power hookups and two natural gas hookups
