$649,000
Penrose, CO 81240
- 2.00 Acres
- Fremont County
- 2 Beds
- 1 Baths
Key Features
- Property Type: Residential
- Status: Active
- MLS® ID: 5788013
- Year Built: 1954
- Lot/Acreage: 2
- County: Fremont
- Neighborhood: Beaver Creek Estates
Interior Details
- Bedrooms: 2
- Bathrooms: 1
- Cooling: Evaporative Cooling
- Heating: Forced Air
Exterior Details
- Garage: 5
- Zoning: AS
- Roof: Wood
- Sewer: Septic, Septic Tank
Description
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.
Location
- Address: 914 C St Penrose CO 81240
- City: Penrose
- State: CO
- Zip: 81240
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Listing # Courtesy of Tyson Cool of Properties of Colorado Real Estate Inc. Last Updated: May 29, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.