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Home » Real Estate » CO » Penrose » 81240 » 934 C STREET St, Penrose, CO, 81240
$690,000

934 C STREET St, Penrose, CO, 81240

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

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 8020121

Market Trends

New Properties On Market
4
Average Asking Price
$578,000
$173,350 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$141
$49 Decrease In List Price/Sq. Ft.
Average Days On Market
15
12 Day Decrease In Days On Market
Data as of Apr 20, 2025. Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 4/18/2025 at 11:03 am