Penrose, CO 81240,14343 115 HWY
Penrose, CO 81240,14343 115 HWY
Penrose, CO 81240,14343 115 HWY
11
$125,000
$649,000
80.7%
Est.Price: ?

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14343 115 HWY Penrose, CO 81240

Est. payment /mo
SOLD DATE : 09/04/2025

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Key Details

Sold Price $125,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 4637514

Sold Date 09/04/25

HOA Y/N No

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 MILTI BUSINESS

Interior

Fireplace N

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REColorado (REColorado MLS)
Listed by Properties of Colorado Real Estate Inc

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