406 Broadway
406 Broadway Penrose, Colorado 81240 United States

$289,000
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Existing business with instant cash flow and huge potential for greater return with car wash activation, rental income and laundromat facility. Situated on FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of...

Listing Courtesy of 20 Sleeps West Real Estate

Listing Courtesy of 20 Sleeps West Real Estate
1
Partial Bath
1,150 Sq Ft.
Interior
.32 Acres
Exterior
Commercial
Property type
1945
Year Built
790701
Web Id
790701
MLS ID

About 406 Broadway

Existing business with instant cash flow and huge potential for greater return with car wash activation, rental income and laundromat facility. Situated on FOUR lots in the Business District of Penrose, Colorado approximately 12 miles east of Canon City, this property includes (2) Power hookups, (2) Natural gas hook ups, (2) Sewer taps, (2) Water taps. One of the water taps is a " line to the carwash and is considered a domestic tap. One of the water taps is a 1 " line that connects to the laundromat. Both taps come off a 4" main line across the street. The carwash is dormant right now pending the replacement of an upgraded coin mechanism that will accept credit card transactions. The laundromat has (10) working washing machines and (6) working dryers, however, there's opportunity to upgrade machines/dryers for more capacity and revenue. 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.

Listing Courtesy of 20 Sleeps West Real Estate, CREN MLS

features

lot description
Public Transportation

PROPERTY INFORMATION

Cooling
Evaporative Cooler
Heating
Natural Gas
Sewer
Public Sewer Installed

ADDITIONAL INFORMATION

Number of Units
3
Listing Courtesy of 20 Sleeps West Real Estate
This Penrose Commercial is for Sale at $289,000 USD and was built in 1945. Has 1,150 Sq.Ft. on a lot of .32 Acres and 1 partial baths.

 

Listing Courtesy of 20 Sleeps West Real Estate

Listing Courtesy of 20 Sleeps West Real Estate

Real Estate Listings Near Penrose

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