$195,000

406 Broadway, Penrose CO, 81240

Price per sqft$169.57

Built in1945

Property size1,150 sqft

Property typeCommercial

Listed by Debra Harmon with 20 Sleeps West Real Estate 970-901-5131

Overview

Active

Listed Aug 16, 2026

Updated Aug 20

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 ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" 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!

Additional information

MLS^® ID: 838162

Interior Features

Bathrooms: 2
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.32 Acres

Other Property Details

Taxes: $1,228
Tax Frequency: Annually

Listed by Debra Harmon with 20 Sleeps West Real Estate 970-901-5131

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Data last updated on: 8/20/2026