406 Broadway

Penrose, CO 81240

$250,000
Price
Beds
1
Bath
1
1/2 Bath
1,150 Sq. Ft.
$217 / Sq. Ft.
1,150
Sq. Ft.
$217
per Sq. Ft.

Description

FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right...FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a ¾ " line and is considered a domestic tap. One of the water taps is a 1 ½" line that connects to the 1,150 s/f building. Both taps come off a 4" main line across the street. There's a huge income potential by upgrading the existing laundromat facility/carwash. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The existing laundromat allows for more capacity and increased revenue by upgrading the machines and dryers. 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.
  1. Listed by Debra Harmon • 20 Sleeps West Real Estate

Property Details for 406 Broadway

Water Front
No
Zoning
Business

Location

Listing Courtesy of 20 Sleeps West Real Estate, Debra Harmon
Add your commute
LISTING UPDATED: 11/18/2023 05:21 AM

Property Details for 406 Broadway

StatusActive
MLS #799685
Days on Compass530
Taxes$1,228 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use
Year Built1945
Lot Size0.32 AC / 13,939 SF
CountyFremont County

Location

Listing Courtesy of 20 Sleeps West Real Estate, Debra Harmon
Add your commute

Building Information for 406 Broadway

Stories-Residences3Year Built1945Lot Size0.32 AC / 13,939 SF

Payment Calculator

$1,467 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 406 Broadway

Summary
Location and General Information
  • Directions: From Hwy 115, turn east on Broadway, subject property is on the right (next to the VFW)
Owner
  • Owner Name: Smith
Parking
  • Carport Y/N: No
Taxes and HOA Information
  • Tax Year: 2021
  • Total Taxes $: 1227.64
Property
Property and Assessments
  • FIPS Code: 08043
  • Legal/Lot Block: Lot 5, 6, 7, and 8, Block 92, Town of Penrose
  • Photo Count: 23
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: MONTROSE ASSOCIATION OF REALTORS
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Other
  • Possible Property Use: Other
  • Lot Dimension: 14,000 s/f
  • Parcel ID #: 6.900289E7
Utilities
  • Internet Service Avail?: Yes
  • Internet Service Y/N: No
  • DOMESTIC WATER: Domestic Water Available, Tap Installed Paid, Public
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 3
Interior and Exterior Features
Room Information
  • 1/2 Baths: 1
  • 3/4 Baths: 1
  • 1/4 Baths: 0
  • Total Baths: 2.00
Interior Features
  • Furnished: Unfurnished
  • Main SF: 1150
  • Heating Fuel/Source: Natural Gas
  • Cooling: Evaporative Cooler
  • Heating System: Boiler
Rental
Rental Information
  • CAM Y/N: No

Property History for 406 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 406 Broadway

Taxable ValueLand-Additions-Total-
Tax Record2023$539 ($45 / month)
Home Facts
Beds1Total Finished SqFt1,150 SqFtAbove Grade Finished SqFt1,150 SqFtStories1Lot Size14,000 SqFtStyleSingle Family ResidenceYear Built1945Year Renovated1970CountyFREMONTAPN69002890

Schools near 406 Broadway

This home is within Fremont Re-2 School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 7 to 12
Rating
School
Distance
Penrose Elementary School
PublicPK to 6

Fremont Middle School
Public6 to 8

Florence High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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406 Broadway is a mixed use property for sale in Penrose, CO 81240. This property was listed for sale on November 19, 2022 by 20 Sleeps West Real Estate, it's currently listed at $250,000. This listing's school district is Fremont Re-2 School District. Nearby schools include Penrose Elementary School, Fremont Middle School and Florence High School. 406 Broadway is a 0-bed, 1.5-bath, 1,150 sqft mixed use property built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 20 Sleeps West Real Estate, Debra Harmon

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.