15560 Hwy 115 Hwy Penrose, CO 81240

Property Details for 15560 Hwy 115 Hwy

Year built

1948

Lot size

8.49 lot acres

Property type

Commercial real estate

Description

This exceptional 8.49-acre commercial property boasts a prime location on Highway 115 in Penrose, Colorado, offering 650 feet of highway frontage and an average daily traffic count of 11,000 vehicles. The property features two convenient access points, maximizing visibility and accessibility. The existing structures include a substantial 2,982 square foot restaurant building complete with a commercial kitchen and three and a half bathrooms. A spacious 2,084 square foot, five-bedroom, four-bathroom home is also situated on the property, providing ample living space or potential for additional commercial use. A large 30' x 50' shop, equipped to handle heavy machinery, adds significant versatility. Two 10' x 30' modular sheds provide additional storage. The property's infrastructure is robust, featuring three water taps, three electric taps, and two gas meters. The zoning allows for a nearly unlimited range of uses, including residential, even multi-family dwellings, subject to special review. The ample parking accommodates large events, making this property ideal for a variety of commercial ventures. This unique offering presents a rare opportunity to acquire a well-established, high-visibility commercial property with significant development potential in a thriving location.