Discover a rare investment opportunity in Penrose, Colorado, featuring three distinct properties spanning 14.6 acres. These properties can be sold together as a package or separately, offering flexibility for residential, commercial, and agricultural ventures. The motivated seller ensures a compelling value proposition! 1. Commercial Property - Prime Highway 115 Frontage (2.57 Acres) Location: Strategically positioned with direct frontage on Highway 115, ensuring high visibility and accessibility. Building Details: An empty office space with foam insulation for energy efficiency. The property features separate HVAC units in each suite, ensuring comfort and flexibility for tenants or owner-occupants. Potential: Perfect for retail, office, or service-based businesses, with room for expansion or customization. 2. Residential Property - Updated 2-Bedroom Home (2.02 Acres) Location: Adjacent to the commercial property on the west side, with convenient access via C Street. Home Details: A charming 2-bedroom, 1-bathroom residence on. Recent upgrades enhance its appeal and functionality, offering a comfortable living space for homeowners or rental income potential. 3. Agricultural Property - Irrigated 10-Acre Tract with Greenhouses Features: Previously operated as Finger Herb Farm, this property includes two large greenhouses totaling 10,320 square feet of enclosed space, ready for immediate use. Equipped with 3/4-inch water tap and a 620-foot well. The irrigation system and greenhouse infrastructure are already in place, minimizing setup costs. Potential: Highly versatile-maintain as a farm, subdivide into two 5-acre tracts (a rarity in the area, where irrigated 10-acre parcels typically sell for around $200,000), or develop for other agricultural or recreational uses.
Offered By
Tyson Cool properties@tysoncool.com,719-431-9164, Properties of Colorado Real Estate Inc
Utility FeaturesNatural Gas Available, Electricity Available
SEWERSeptic, Septic Tank
WATER SOURCECity Water
Year Built1954
ARCHITECTURAL STYLECottage/Bung, Ranch
RoofComposition
FencePartial
Lot FeaturesLevel, Xeriscape
Garage spaces5
CITYCanon City
SUBDIVISIONBEAVERPARK
COUNTYFremont
AREAOut of Area
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT665.0
LATEST UPDATE2025-03-26T18:19:29.741Z
DAYS ON MARKET2
PRICE CHANGE(S)
$690,000 Mar 25, 2025
CUMULATIVE DAYS ON MARKET2
Market Trends
New Properties On Market
18
260%
Increase In New Listings
Average Asking Price
$369,309
$94,491 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$179
$29 Decrease In List Price/Sq. Ft.
Average Days On Market
3
29 Day
Decrease In Days On Market
Data as of Apr 03, 2025.
Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.
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