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934 C Street St, 
Penrose, CO 81240

$690,000


Bed


Bath


-

Sq Ft


9.40

Acres (Lot)


Land

Active

Listed by

Tyson Cool

Stephen Cool

Properties Of Colorado Real Estate Inc

719-269-9600

Last updated:

April 16, 2025, 02:31 PM

MLS#

8020121

Source:

IRES

About This Land

934 C Street St

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

9.40

MLS #:

8020121

Last Updated:

April 16, 2025, 02:31 PM

Added:

a month ago


Structure

Structure

Architectural Style:

Unimproved Land


Finances & Disclosures

Finances

Price:

$690,000

Source:IRES
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