Live - Work Space

Penrose, CO Live-work Space for Sale

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Live-Work Property with Fenced Yard
Updated: Apr 11
Live-Work Property with Fenced Yard

572 7th St, Penrose, CO 81240

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5.49 AC lot
2 back sections have chain link security fencing; property is fully fenced on 5.49 acres
Zoned Residential and Commercial—can be used as home, business, or both
Recent improvements include fresh paint inside and out, new vinyl windows, plank flooring, and a new roof
Includes living quarters plus space that can be used as an office
Located behind the Penrose Post Office; Highway 115 is about a block away and Hwy 50 is a few minutes away
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Live-Work Building with Wine Bar
Live-Work Building with Wine Bar

122 W Main Street, Florence, 81226

$675,000
0.08 AC lot

Live-work property on Main Street with a business space formerly operating as a wine bar and a 2-bed, 1-bath unit above.

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Mixed-Use Live-Work Building
Mixed-Use Live-Work Building

120 E Main Street, Florence, 81226

$750,000
0.08 AC lot

Updated mixed commercial and residential building with heated garage and separate work spaces, plus zoning with no onsite parking requirement.

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Live-Work Building with Office
Live-Work Building with Office

901 Main Street, Canon City, 81212

$1,150,000

Corner live-work property with nearly 5,000 sq ft office space and an adjacent two-story residence plus patio and garages.

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Motel with Live-Work Quarters
Motel with Live-Work Quarters

1231 Royal Gorge Blvd, Canon City, CO 81212

$630,000

Motel offers 15 operating rooms with 18 rooms available, plus connected live-work quarters and owner space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rural Mixed-Use Land Parcel
Rural Mixed-Use Land Parcel

6th Street, Guffey, CO 80820

$45,000
0.90 AC lot

0.90-acre in-town parcel set off a paved, county-maintained road with mature pines and grassy openings.

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Industrial Development Lots with Highway Frontage
Industrial Development Lots with Highway Frontage

230 Griffing Road, Gunnison, CO 81230

$499,000
1.44 AC lot

Light and heavy industrial lots offered within a business center along Highway 50, with covenants available for review.

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Light Industrial Development Land
Light Industrial Development Land

301 Griffing Road, Gunnison, CO 81230

$729,000
2.11 AC lot

Industrial and light industrial lots with Highway 50 frontage near Gunnison, with covenants available for review.

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Industrial Development Lots
Industrial Development Lots

351 Griffing Road, Gunnison, CO 81230

$619,000
1.78 AC lot

Five light and heavy industrial lots with Highway 50 frontage, designed to support a range of operational uses.

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Penrose, CO Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Penrose, CO on our real estate platform.

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Demographics Overview

Population 4,533
Population Growth (5Y) +25.7%
Median Household Income $79,514
College Educated 40.6%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fremont County

New Delisted

Total CRE Inventory on Market (SF)

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