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Home » Real Estate » CO » Penrose » 81240 » 914 C St, Penrose, CO, 81240
$649,000

914 C St, Penrose, CO, 81240

2 Beds
1 Bath
1,020 Square Feet
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.
Offered By
Tyson Cool properties@tysoncool.com,719-431-9164, Properties of Colorado Real Estate Inc

Property Details

Property Type Residential
Status Active
Bedrooms 2
Bathrooms (Full) 1
Property Sub Type Residential-Detached
Square Feet 1,020
MLS # 5788013

Market Trends

New Properties On Market
6
50% Increase In New Listings
Average Asking Price
$494,500
$176,250 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$202
$134 Decrease In List Price/Sq. Ft.
Average Days On Market
8
5 Day Decrease In Days On Market
Data as of Jul 06, 2025. Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.

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Offered By Tyson Cool Properties of Colorado Real Estate Inc
Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 7/1/2025 at 10:23 am