934 C STREET St Penrose CO 81240

Active

934 C STREET St Penrose CO 81240


Courtesy of: Tyson Cool | Properties of Colorado Real Estate Inc
$649,000 Penrose, CO 81240
  • 9.40 Acres
  • Fremont County

Key Features

  • Property Type: Land
  • Status: Active
  • MLS® ID: 8020121
  • Lot/Acreage: 9.4
  • County: Fremont
  • Neighborhood: PENROSE

Interior Details

Exterior Details

  • Zoning: AR
  • Other Structures: Outbuildings
  • 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: 934 C STREET St Penrose CO 81240
  • City: Penrose
  • State: CO
  • Zip: 81240

Hwy 50 to Hwy 115 north to first intersection on left on C St. 3rd property on right AT STREET SIGN

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