Historic Event Venue
708 Fremont Street Penrose 81240
708 Fremont Street, Penrose, 81240
$1,250,000
For Sale
$1,250,000
COMMERCIAL - Penrose
Property Size2,000 SF
Lot Size9.82 Acres
Price / SF$625
Days on Market302
Property Features for 708 Fremont Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 69007671
- Lot size
- 9.82 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- A PART OF TRS-77 & 78 SEC 5 -19-68 BEAVER PARK PLAT #5 ... (Refer to Title)
- Tax Annual Amount
- 7936
Building Details
- Year built
- 1912
Listing agency
Homesmart Preferred Realty
(719) 458-1345
Listed by
Robert S. Banning
(303) 713-9000
Added: Sep 25, 2025 Updated: Jul 22 at 5:00PM Checked: Jul 23 at 9:06AM
MLS# 2969478
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.
Historic commercial building at 708 Fremont Street in Penrose, Fremont County, presented as a landmark property featuring a billboard and one of the world’s largest rocking chairs. The interior and exterior include murals, and the building is described as having high ceilings, wood beams, and brick.
The property includes multiple upgrades, including electric, plumbing, and roof. Site improvements also include a three-car garage and a carport, with 3 acres completely fenced in. The offering also notes over 2,000 square feet of built living space.
For diligence, Phase 1 Environmental, site plan, and a traffic report are stated as completed. The property is described as suitable for an event center or restaurant concept, with room to make the space your own.
The property includes multiple upgrades, including electric, plumbing, and roof. Site improvements also include a three-car garage and a carport, with 3 acres completely fenced in. The offering also notes over 2,000 square feet of built living space.
For diligence, Phase 1 Environmental, site plan, and a traffic report are stated as completed. The property is described as suitable for an event center or restaurant concept, with room to make the space your own.
Key Highlights
- Built in 1912 with high ceilings, wood beams, and brick construction
- More than 2,000 sq. ft of built living space
- Many upgrades including electric, plumbing, and roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Historic building with high ceilings, wood beams, brick, and murals, plus three-car garage, carport, and fenced grounds.
Where is this conventional restaurant located?
The property is located at 708 Fremont Street Penrose.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Built in 1912 with high ceilings, wood beams, and brick construction; More than 2,000 sq. ft of built living space; Many upgrades including electric, plumbing, and roof
