About This Home

This 0-bedroom, 2-bathroom commercial at 406 Broadway in Penrose, CO is listed for $195,000 ($170 per sqft). Built in 1945, the home offers 1,150 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1945
  • 0.32 acre lot

Property Details

1 half
1945
Listing 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 Pe

nrose 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!

Monthly Cost Estimate

$1,043/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

406 Broadway

Penrose, CO 81240

Questions & Answers

This 0-bedroom, 2-bathroom commercial at 406 Broadway is listed at $195,000 ($170/sqft). The estimated monthly payment is $1,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 0.32 acre lot.

This property is listed by Debra Harmon and can be reached at 9709015131.

DH

Debra Harmon

Agent at 20 Sleeps West Real Estate

(970) 901-5131
Agent website

Listed by 20 Sleeps West Real Estate · Broker phone: (970) 901-8997 · View on Broker Site · Broker website

MLS# 838162· Source: Colorado Real Estate Network Inc.· 65 days on PropertySimple

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.

406 Broadway, Penrose, CO 81240

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