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.
For sale
$690,000
914 C St, Penrose, CO 81240
2beds
1,020sqft
Est.:
Single Family Residence
Built in 1954
14.6 Acres Lot
$651,900 Zestimate®
$676/sqft
$-- HOA
What's special
Greenhouse infrastructureIrrigation systemHigh visibility and accessibilityEnergy efficiencySeparate hvac unitsRecent upgrades
- 51 days
- on Zillow |
- 85 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 20, 2025 at 01:31am
Listed by:
Stephen D. Cool,
Properties Of Colorado Inc,
Tyson M. Cool,
Properties Of Colorado Inc
Source: Royal Gorge AOR,MLS#: 6773076

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Electric
Cooling
- None
Interior area
- Total structure area: 1,020
- Total interior livable area: 1,020 sqft
Property
Parking
- Parking features: None
Lot
- Size: 14.6 Acres
- Features: Corner Lot
Details
- Parcel number: 000069000200
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Fiber Cement, Wood Frame
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Septic
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $676/sqft
- Tax assessed value: $134,783
- Annual tax amount: $654
- Date on market: 3/5/2025
- Listing terms: Cash,Conventional
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