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.
For sale
Price cut: $41K (5/12)
$649,000
914 C Street, Penrose, CO 81240
2beds
1,020sqft
Est.:
Single Family Residence
Built in 1954
2 Acres Lot
$489,000 Zestimate®
$636/sqft
$-- HOA
What's special
- 80 days
- on Zillow |
- 39 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 08:30pm
Listed by:
Tyson Cool 719-431-9164 properties@tysoncool.com,
Properties of Colorado Real Estate Inc,
Stephen Cool 719-269-9600,
Properties of Colorado Real Estate Inc
Source: REcolorado,MLS#: 5788013

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Description: Master
- Level: Main
- Area: 195 Square Feet
- Dimensions: 13 x 15
Bedroom
- Description: 2nd
- Level: Main
- Area: 150 Square Feet
- Dimensions: 10 x 15
Bathroom
- Description: Full Bath
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8 x 5
Kitchen
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10 x 13
Living room
- Description: Open
- Level: Main
- Area: 315 Square Feet
- Dimensions: 15 x 21
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Oven, Range
Features
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows
- Has basement: No
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,020
- Total interior livable area: 1,020 sqft
- Finished area above ground: 1,020
Property
Parking
- Total spaces: 5
- Details: Off Street Spaces: 5
Features
- Levels: One
- Stories: 1
Lot
- Size: 2 Acres
Details
- Parcel number: 0000690000200
- Zoning: AS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Wood
Condition
- Year built: 1954
Community & HOA
Community
- Subdivision: Beaver Creek Estates
HOA
- Has HOA: No
Location
- Region: Penrose
Financial & listing details
- Price per square foot: $636/sqft
- Tax assessed value: $134,783
- Annual tax amount: $654
- Date on market: 5/22/2025
- Listing terms: Cash,Conventional,Private Financing Available
- Exclusions: Personal Items Not Attached
- Ownership: Corporation/Trust
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