934 C Street Street

Penrose, CO 81240 — Fremont County — Penrose Neighborhood

Land  $649,000  Active  Listing# 8020121  

Lot size: 409464.00 sqft    9.40 acres   

 



  Showing Request        
Updated: 05-21-2025 07:11pm

  Property 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.

  Listing Details

Property Type 
Land
Listing# 
8020121
Source 
REcolorado (Denver)
Last Updated 
05-21-2025 07:11pm
Status 
Active
Off Market Date 
11-30--0001 12:00am

  Property Details

Property Subtype 
Improved Land
Sold Price 
$649,000
Original Price 
$690,000
Location 
Penrose, CO 81240
Acres 
9.40

  Map

  Property Level and Sizes

SqFt Lot 
409464.00
Lot Size 
9.40

  Financial Details

Previous Year Tax 
2000.00
Year Tax 
2024
Primary HOA Fees 
0.00

  Interior Details

Utilities  
Electricity Connected, Natural Gas Connected

  Exterior Details

Sewer  
Septic Tank

  Garage & Parking

Parking Features  
Unpaved

  Exterior Construction

  Land Details

PPA 
0.00
Sewer Fee 
0.00

  Schools

  Walk Score®


 


  Contact Agent

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