# 406 Broadway, Penrose, CO 81240

> **TL;DR:** 0bd/2ba commercial, $195,000 ($170/sqft), built 1945, 1,150 sqft. Est. $1,043/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $195,000 |
| Price/sqft | $170 |
| Bathrooms | 1 half |
| Square Feet | 1,150 |
| Year Built | 1945 |
| Lot Size | 13,939 sqft (0.32 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $986 |
| Estimated Insurance | $57 |
| **Total** | **$1,043** |

## Property Highlights

- Built in 1945
- 0.32 acre lot

## Description

### Agent Description
Debra Harmon, 20 Sleeps West Real Estate, C:,,: FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a 3/4 " line and is considered a domestic tap. One of the water taps is a 1 1/2" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. This is NOT being sold as a business, but there's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant and the existing laundromat is open part-time. There is a small studio apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. OR, remove all existing structures and build a brand new business on the 4 lots--- Located next to the VFW and close proximity to the Penrose Park & Recreation District, School, Post Office, Grocery Store, and Restaurants, this is a perfect opportunity to improve upon an existing business or start a NEW one of your own!

## Location

- **Address:** 406 Broadway, Penrose, CO 81240
- **County:** Fremont
- **Coordinates:** 38.424581, -105.021979
- **Google Maps:** https://www.google.com/maps?q=38.424581,-105.021979

## Listing Agent

- **Name:** Debra Harmon
- **Brokerage:** 20 Sleeps West Real Estate
- **Broker Phone:** (970) 901-8997
- **Listing URL:** [View original listing](https://www.crenmls.com/property/A/398-838162)

## Photos

![406 Broadway - Photo 1](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f440927761r.jpg)

![406 Broadway - Photo 2](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2087574726r.jpg)

![406 Broadway - Photo 3](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f3061089986r.jpg)

![406 Broadway - Photo 4](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2348905316r.jpg)

![406 Broadway - Photo 5](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f4169110051r.jpg)

![406 Broadway - Photo 6](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f4092281621r.jpg)

![406 Broadway - Photo 7](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2626034694r.jpg)

![406 Broadway - Photo 8](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f234423076r.jpg)

![406 Broadway - Photo 9](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1225472998r.jpg)

![406 Broadway - Photo 10](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1382862496r.jpg)

![406 Broadway - Photo 11](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1615270162r.jpg)

![406 Broadway - Photo 12](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f4163478410r.jpg)

![406 Broadway - Photo 13](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1959153272r.jpg)

![406 Broadway - Photo 14](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2529949382r.jpg)

![406 Broadway - Photo 15](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2409927452r.jpg)

![406 Broadway - Photo 16](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f747212597r.jpg)

![406 Broadway - Photo 17](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2061714831r.jpg)

![406 Broadway - Photo 18](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f2868998260r.jpg)

![406 Broadway - Photo 19](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1910254685r.jpg)

![406 Broadway - Photo 20](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1590324031r.jpg)

![406 Broadway - Photo 21](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f1584865875r.jpg)

![406 Broadway - Photo 22](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f3442890479r.jpg)

![406 Broadway - Photo 23](http://lh.rdcpix.com/4f769307b761462a1abc3927168f04f8l-f3751512961r.jpg)

---

**MLS#:** 838162 | **Updated:** 2026-10-25
**Source:** listhub

*Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/406-broadway-penrose-co-81240-92022dd06f2b4cecb1242ec81907af61)

---

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