Mixed-Use Land for Sale in Penrose, Colorado

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.