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Penrose, CO Residential Income Properties for Sale

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Penrose Commercial Property on Highway
$795,000
8.49 Acres

Penrose Commercial Property on Highway

15560 Hwy,Unit 115, Penrose, CO 81240

Commercial property with restaurant, home, and shop on Highway.

  • High‑traffic commercial location with 650 feet of highway frontage and 11,000 average daily traffic.
  • Flexible zoning allows for a wide range of uses, including residential (even multi‑family) and commercial.
  • Multiple utility taps: 3 water, 3 electric, and 2 gas meters.
  • Includes a 2982 sq ft restaurant building with a commercial kitchen.
  • Features a 2084 sq ft home with 5 bedrooms and 4 bathrooms.
Last Update: Jul 21
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Penrose Business District Multi-Use Lots
$250,000
1,150 SF

Penrose Business District Multi-Use Lots

406 Broadway, Penrose, CO 81240

Four lots with income potential in Penrose's Business District.

  • Four lots in the Business District of Penrose, Colorado.
  • Existing laundromat and dormant carwash with upgrade potential for increased revenue.
  • Includes (2) power hookups, (2) natural gas hookups, (2) sewer taps, and (2) water taps.
  • Apartment in the back of the laundromat for rental income, includes backyard and air conditioning.
  • 1 ½" water tap connects to the 1,150 s/f building, with both taps coming off a 4" main line.
Last Update: Dec 31, 2024
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Unique Multi-Family Acreage Opportunity
$470,000
1.00 Acre

Unique Multi-Family Acreage Opportunity

Updated multi-family property on one acre with shop.
10830 Hwy, Florence, CO 81226
View details
New
Renovated Duplex with Detached Garage
$392,000
1,705 SF

Renovated Duplex with Detached Garage

Florence duplex renovated in 2022 with detached two-car garage.
303 W 7Th St, Florence, CO 81226
View details
Updated Home with Mountain Views
$55,900
784 SF

Updated Home with Mountain Views

Updated 2-bedroom home in Rocky Mountain Mobile Home community.
510 N 19Th St, Canon City, CO 81212
View details
New
Mixed-Use Building in Canon City
$650,000
0.64 Acres

Mixed-Use Building in Canon City

Mixed-use property with commercial and residential units near downtown.
1415 Main St, Canon City, CO 81212
View details

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.

20 Acres of Land in Penrose
$250,000
20.00 Acres

20 Acres of Land in Penrose

20-acre property in Penrose, Colorado, suitable for various uses.
11Th St, Penrose, CO 81212
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Explore Off-Market Properties in Penrose, CO

Consider similar Off-Market properties in Penrose, CO. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

510 I St

510 I St

MOBILE HOME PARK, TRAILER PARK • 0.00 Acres
Value Estimation
$400,000
510 I St, Penrose, CO 81240-9376
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620 4th St

620 4th St

MOBILE HOME PARK, TRAILER PARK • 1,200 SF
Value Estimation by Request
620 4th St, Penrose, CO 81240-9784
View details
833 C St

833 C St

MOBILE HOME PARK, TRAILER PARK • 0.00 Acres
Value Estimation by Request
833 C St, Penrose, CO 81240-9382
View details

Penrose, CO Residential Income Properties Investment Opportunities Market Analysis

Explore 5 residential income properties for sale in Penrose, CO on our real estate platform. These investment opportunities span a total of 383,764 square feet of properties for sale, with an estimated market value of $1,045,000.

Prices for residential income properties in Penrose, CO start at $250,000, averaging $522,500, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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