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406 Broadway

Penrose, CO 81240
  • $289,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 790701
UPDATED: 59 min ago
$289,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 1,150
    SQFT
  • $251
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1945
County:
Area:

School Ratings & Info

Listing courtesy of 20 Sleeps West Real Estate.


Description

Existing business with instant cash flow and huge potential for greater return with car wash activation, rental income and laundromat facility. Situated on FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, this property includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a " line to the carwash and is considered a domestic tap. One of the water taps is a 1 " line that connects to the laundromat. Both taps come off a 4" main line across the street. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The laundromat has (10) working washing machines and (6) working dryers, however, there's opportunity to upgrade machines/dryers for more capacity and revenue. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. 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! Listing agent is related to the Seller.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-22T17:56:54.87.
www.lovewhereyouliveco.com/homes/126062795
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406 Broadway Penrose, CO 81240

  • Price: $289,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 59 min ago
  • MLS #: 790701
0
Beds
1
Baths
1
½ Baths
0.32
Acres
1,150
SQFT
$251
$/SQFT
1945
Built
Neighborhood:
Other Area
County:
Fremont
Area:
Other Area
Property Description
Existing business with instant cash flow and huge potential for greater return with car wash activation, rental income and laundromat facility. Situated on FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, this property includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a " line to the carwash and is considered a domestic tap. One of the water taps is a 1 " line that connects to the laundromat. Both taps come off a 4" main line across the street. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The laundromat has (10) working washing machines and (6) working dryers, however, there's opportunity to upgrade machines/dryers for more capacity and revenue. There is an apartment in the back of the laundromat that can be used as rental income and includes a backyard and air conditioning. 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! Listing agent is related to the Seller.
Exterior Features

Acreage Range Less Than 1/2 Carport No Lot Dimension 14000 S/F Sewer Public Sewer Installed Stories 1 Water Domestic Water AvailablePublicTap Installed Paid Water Well No Waterfront YN No

Interior Features

Cooling Type Evaporative Cooler Finished Sq Ft 1150 Heating Fuel Source Natural Gas Heating System Boiler Main Sq Ft 1150 One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Covenants No Current Use Other Exchange Trade No Fixtures Included Yes Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use Other Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Taxes 1227.64 Type Business Opp Available Variable Rate Yes Water Rights No Zoning Type Business

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2022. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-05-22T17:56:54.87.
 
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Western Slope Real Estate
1338 Grand Ave, Suite 313
Glenwood Springs CO, 81601
Listing courtesy of 20 Sleeps West Real Estate.