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Improved Mixed-Use Land for Sale in Penrose, Colorado

15560 Highway 115, Penrose, CO 81240

$795,000
8.2 acres
Active
$30k drop
Est $4,303/mo

Well established Commercial location in Penrose along Co. St. Hwy. 115. 2 access points with 650 feet of HWY frontage and 11, 000 average daily traffic passerby's. Maximum parking for large event venue. Current Restaurant building is 2982 Sq. Ft with commercial kitchen, and 3- 7/2 baths. 5 Bedroom, 4 bathroom 2084 Sq. Ft/ Home, and 30' x 50' shop. Shop is set up for large machinery. Other outbuildings include 2- 10 x 30 modular sheds. 3 water taps, 3 electric taps, 2 gas meters. Almost unlimited list of allowed uses and use by special review are allowed in this zone district, including dwelling, even multi-family. Superb location for venue, self storage, restaurant, etc.

2,982
Sq feet
1948
Built

Location

Street address
15560 Highway 115
Community
Miscellaneous
Elevation
5,377 feet
Coordinates
38.4349, -105.0227

Property details

Acreage
8.207 acres
Zoning
B
MLS #
PAR 229970
Posted

Property taxes

2024
$4,895 - Tract 52 Beaver Park, Fremont County Colorado, according to the recorded plat thereof.

Parcels

  • 69003750

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Keller Williams Realty

Lot

Features
Corner Lot

Structure

Stories
1
Water
Public
Sewer
Septic Tank
Heating
Electric, Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Evaporative Cooling, Window Unit(s)
Roof
Asphalt, Metal

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected

Nearby schools

NameLevelDistrictDescription
PenroseElementary
PenroseMiddle
PenroseHigh

Listing history

DateEventPriceChangeSource
Mar 28, 2025Price drop$795,000$30,000 -3.6%PAR
Feb 5, 2025New listing$825,000PAR
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This 8.207-acre property is located at 15560 Highway 115 in Penrose, CO 81240. The property is available for sale for $795,000. It has a 2,982 sq ft structure built in 1948.

Checked 1 hour ago — Updated

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