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15560 CO-115 Hwy

2,982 SF Retail Building Penrose, CO 81240 $825,000 ($277/SF)

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Investment Highlights

Heavy Highway Traffic
City Water

Close to the Highway 115 and Highway 50 bypass

Executive Summary

Well established Commercial location in Penrose along Co. St. Hwy. 115. 2 access points with 650 feet of HWY frontage and 11, 000 average daily traffic passerby's. Maximum parking for large event venue. Current Restaurant building is 2982 Sq. Ft with commercial kitchen, and 3- 7/2 baths. 5 Bedroom, 4 bathroom 2084 Sq. Ft/ Home, and 30' x 50' shop. Shop is set up for large machinery. Other outbuildings include 2- 10 x 30 modular sheds. 3 water taps, 3 electric taps, 2 gas meters. Almost unlimited list of allowed uses and use by special review are allowed in this zone district, including dwelling, even multi-family.