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Penrose,CO 81240
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 87,120 sqft
Price per Sqft $7
Subdivision Beaver Creek Estates
MLS Listing ID 5788013
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,020
Year Built 1954
Annual Tax Amount $654
Tax Year 2024
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Single Family Residence
Source recolorado
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.
Location
State CO
County Fremont
Zoning AS
Rooms
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Evaporative Cooling
Flooring Carpet,Laminate
Fireplace N
Appliance Oven,Range
Exterior
Roof Type Wood
Total Parking Spaces 5
Garage No
Building
Sewer Septic Tank
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Fremont
Middle Schools Fremont
High Schools Florence
School District Fremont Re-2
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing Cash,Conventional,Private Financing Available
Listing Terms Cash,Conventional,Private Financing Available
Special Listing Condition None