406 Broadway Street Penrose , CO 81240

Courtesy of DEBRA HARMON, 20 SLEEPS WEST REAL ESTATE.

Description

1,150 Sqft
13,982 Sqft lot
0.32 Acre lot
Status: Active
Property Type: Single Family
Year Built: 1945
Days on Website: 688
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 line and is considered a domestic tap. One of the water taps is a 1 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 restoring and 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 renovating and upgrading the machines and dryers. There is a studio 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 demolish the whole thing and build your own project per zoning and land use regulations! Owner carry option available. Listing agent is related to the Seller.

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Property Details and Features

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719 582-6191