Prime Commercial Property with Exceptional Visibility Location is everything! This outstanding commercial property is strategically positioned along Highway 115, offering unparalleled visibility with lighted signage. This well-maintained commercial property offers an ideal location with high visibility and accessibility. Inside, you`ll find a fully equipped kitchen area featuring a three-compartment sink, a dedicated hand-wash sink, a refrigerator, and durable tile flooring—perfect for food prep or catering needs. The building includes a spacious bathroom/lobby area, three versatile rooms that can be used as offices or storage, and a flexible multipurpose space to suit a variety of business types. Additional amenities include a washer/dryer hookup, vinyl windows throughout for natural light, and central air conditioning for year-round comfort. With multiple points of entry—including a back door, side entrance, and sliding glass doors—this property offers convenience and flow. Outside, enjoy ample parking, a storage shed, and generous land space ideal for hosting outdoor events, activities, or future expansions. This property is move-in ready and adaptable to your unique business needs. A rare opportunity in a great location!
Rare opportunity to own a historic South Colorado building with a lot of history. It has become a landmark with the Billboard and one of the World's largest Rocking Chairs. One of a kind building with high ceilings, wood beams, and brick. Muriel's inside and out. Many upgrades, including electric, plumbing and roof. It would be a great event center or restaurant with opportunities to make it your own. There is a lot of room with a three-car garage and carport. 3 acres completely fenced in. Over 2000 sq. ft of living space built in. This is a must-see to appreciate it. (Phase 1 Environmental, Site Plan and Traffic Report all completed.)
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.
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 ¾ " line to the carwash and is considered a domestic tap. One of the water taps is a 1 ½" 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.
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of REcolorado as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than this broker are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. © 2026 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved Click Here to view Full REcolorado Disclaimer

Penrose is located in Colorado. Penrose, Colorado has a population of 3,305. Penrose is more family-centric than the surrounding county with 33.79% of the households containing married families with children. The county average for households married with children is 25.17%.
The median household income in Penrose, Colorado is $69,673. The median household income for the surrounding county is $53,411 compared to the national median of $69,021. The median age of people living in Penrose is 41.3 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 18.1 degrees. The average rainfall is approximately 15 inches per year, with 30.7 inches of snow per year.