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Penrose, CO Retail Properties & Spaces for Sale

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Highway 115 Commercial Property
Updated: Apr 16, 2025
Highway 115 Commercial Property

880 Marilyn Drive, Penrose, CO 81240

$320,000
Prime location on Highway 115 with exceptional visibility and lighted signage.
Fully equipped kitchen area includes a three‑compartment sink, hand‑wash sink, and refrigerator.
Ample parking and generous land space suitable for outdoor events or future expansion.
Versatile layout with three rooms adaptable as offices or storage, and a flexible multipurpose space.
Multiple points of entry (back door, side entrance, sliding glass doors) for convenience and flow.
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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 1 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 32 Off-Market properties to explore as potential leads, 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.

General Commercial Development Land
General Commercial Development Land

3275 E US Hwy 50, Canon City, CO 81212

$1,750,000
2,880 sqft 1.45 AC lot

Level, US Highway 50-fronting land with GC zoning and a usable existing building foundation, utilities connected.

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Historic Retail Storefront Building
Historic Retail Storefront Building

111 W Main Street, Florence, CO 81226

$335,000
0.10 AC lot

Well-maintained historic storefront building with recent interior updates, a rear one-car garage, and two employee parking spaces.

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Main Street Mixed-Use Opportunity
Main Street Mixed-Use Opportunity

102-106 E Main Street, Florence, CO 81226

$550,000
0.22 AC lot

Mixed-use property with restaurant, retail, and apartment potential.

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Retail Space Near Highway 50
Retail Space Near Highway 50

121-127 Justice Center Rd, Canon City, CO

$6,800,000
1,800 sqft 6.22 AC lot

Retail space with high ceilings and significant upgrades.

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.

Penrose Land with Highway Access
Penrose Land with Highway Access

1390 K Street, Penrose, CO 81240

$199,000
2.72 AC lot

2.72 acres with shop, utilities, and highway access.

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Highway-Frontage Development Land
Highway-Frontage Development Land

Shoop, Florence, CO 81226

$1,200,000
26.76 AC lot

Development-ready acreage with state-installed stoplight access and water infrastructure extended to the lot entrance across HWY 67.

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Prime Highway Frontage Land
Prime Highway Frontage Land

Shoop Drive, Florence, CO 81226

$1,200,000
26.76 AC lot

26+ acres with stoplight access and water infrastructure.

View details
Industrial Land Development Opportunity
Industrial Land Development Opportunity

202 Cedar Ln, Florence, CO 81226

$125,000

Seven parcels ideal for various commercial and industrial uses.

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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.

305 Broadway
RETAIL STORES (PERSONAL SERVICES)

305 Broadway, Penrose, CO 81240-9011

Value Estimation by Request
1,320 sqft 0.08 AC lot
View details
14343 State Hwy 115
SHOPPING CENTER, STRIP CENTER

14343 State Hwy 115, Penrose, CO 81240-8911

Value Estimation by Request
2,300 sqft 2.65 AC lot
View details
411 Broadway
RESTAURANT

411 Broadway, Penrose, CO 81240-9040

Value Estimation by Request
1,080 sqft 0.16 AC lot
View details
275 Shoop Dr
AUTO REPAIR, GARAGE

275 Shoop Dr, Penrose, CO 81240-9502

Value Estimation by Request
5,195 sqft 1.86 AC lot
View details
1450 L St
RETAIL STORES (PERSONAL SERVICES)

1450 L St, Penrose, CO 81240-9419

Value Estimation by Request
3,928 sqft 3.73 AC lot
View details
1215 9th St
RETAIL STORES (PERSONAL SERVICES)

1215 9th St, Penrose, CO 81240-9605

$680,000
Estimated value
1,500 sqft 2.57 AC lot
View details
302 Broadway
RETAIL STORES (PERSONAL SERVICES)

302 Broadway, Penrose, CO 81240-9011

Value Estimation by Request
1,344 sqft 0.35 AC lot
View details
45 10th St
AUTO REPAIR, GARAGE

45 10th St, Penrose, CO 81240-9321

Value Estimation by Request
2,400 sqft 9.20 AC lot
View details
375 Shoop Dr
AUTO REPAIR, GARAGE

375 Shoop Dr, Penrose, CO 81240-9296

Value Estimation by Request
1,230 sqft 1.88 AC lot
View details
15565 State Hwy 115
RETAIL STORES (PERSONAL SERVICES)

15565 State Hwy 115, Penrose, CO 81240-8914

$655,000
Estimated value
6,000 sqft 4.55 AC lot
View details
1308 M St
AUTO REPAIR, GARAGE

1308 M St, Penrose, CO 81240-9663

Value Estimation by Request
2,660 sqft 0.24 AC lot
View details
14520 State Hwy 115
SHOPPING CENTER, STRIP CENTER

14520 State Hwy 115, Penrose, CO 81240-8908

$4,295,000
Estimated value
6,382 sqft 3.50 AC lot
View details
210 Broadway
RETAIL STORES (PERSONAL SERVICES)

210 Broadway, Penrose, CO 81240-9009

Value Estimation by Request
4,259 sqft 1.01 AC lot
View details
409 Broadway
RETAIL STORES (PERSONAL SERVICES)

409 Broadway, Penrose, CO 81240-9040

Value Estimation by Request
1,600 sqft 0.16 AC lot
View details
1346 K St
RETAIL STORES (PERSONAL SERVICES)

1346 K St, Penrose, CO 81240-9632

Value Estimation by Request
3,420 sqft 3.91 AC lot
View details
14641 State Hwy 115
AUTO REPAIR, GARAGE

14641 State Hwy 115, Penrose, CO 81240-8907

Value Estimation by Request
7,175 sqft 2.48 AC lot
View details
14575 State Hwy 115
RETAIL STORES (PERSONAL SERVICES)

14575 State Hwy 115, Penrose, CO 81240-8908

$815,000
Estimated value
7,200 sqft 2.05 AC lot
View details
506 9th St
RESTAURANT

506 9th St, Penrose, CO 81240-9703

Value Estimation by Request
2,664 sqft 0.71 AC lot
View details
6256 State Hwy 120
AUTO REPAIR, GARAGE

6256 State Hwy 120, Penrose, CO 81240-9437

Value Estimation by Request
1,560 sqft 10.66 AC lot
View details
895 Marilyn Dr
RETAIL STORES (PERSONAL SERVICES)

895 Marilyn Dr, Penrose, CO 81240-9343

$1,710,000
Estimated value
9,350 sqft 2.13 AC lot
View details
531 8th St
AUTO REPAIR, GARAGE

531 8th St, Penrose, CO 81240-9351

Value Estimation by Request
2,400 sqft 4.86 AC lot
View details
14690 State Hwy 115
AUTO REPAIR, GARAGE

14690 State Hwy 115, Penrose, CO 81240-8907

Value Estimation by Request
12,800 sqft 12.40 AC lot
View details
130 3rd St
AUTO REPAIR, GARAGE

130 3rd St, Penrose, CO 81240-9106

Value Estimation by Request
4,808 sqft 0.48 AC lot
View details

Penrose, CO Retail Properties & Spaces Market Trends and Statistics

Explore 33 retail properties & spaces for sale in Penrose, CO on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $320,000.

Sale prices for stores in Penrose, CO start at $320,000, averaging $320,000, and reaching up to $320,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Penrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81240 $320K

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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