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About This Home

This land at 100 Broadway in Penrose, CO is listed for $100,000 (1.37 acres).

Agent Description

Prime Highway 115 frontage in the growing community of Penrose presents a rare opportunity to secure a highly visible commercial site with exceptional accessibility and long-term upside. This approximately 1.5-acre parcel is zoned Business and offers egress from at least two sides, making it ideal for a wide range of commercial uses that benefit from strong traffic flow and easy customer access.

Positioned next to the Penrose Library, the property enjoys a steady stream of local activity while maintaining outstanding exposure along one of the area's primary transportation corridors. Whether you're envisioning a neighborhood retail center, mini mall, auto parts store, auto sales lot, service-based business, or a mixed-use commercial concept, this site provides the flexibility and visibility to support a successful venture.

A major advantage is the paid and installed water tap, significantly reducing upfront development costs and timelines. The mostly level topography further enhances buildability, allowing for efficient site planning and construction. Penrose continues to attract attention from investors and business owners seeking more affordable alternatives to lar

ger urban markets like Colorado Springs and Pueblo, while still benefiting from strong regional connectivity. With limited commercially zoned land remaining in the area, this property stands out as a strategic acquisition for those looking to establish or expand their footprint in a growing Southern Colorado market. Opportunities like this-with highway frontage, utilities in place, flexible zoning, and strong visibility, are becoming increasingly scarce. Secure your position now and bring your vision to life in Penrose.

Key Features

  • 1.37 acre lot

Location

100 Broadway

Penrose, CO 81240

Questions & Answers

This 0-bedroom, 0-bathroom land at 100 Broadway is listed at $100,000. The estimated monthly payment is $433 based on 20% down at 6.5% interest.

Key features include: 1.37 acre lot.

This property is listed by Tony R. Greer and can be reached at 7196715250 or tony@tonygreer.com.

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TG

Tony R. Greer

Agent at Keller Williams Performance Realty

(719) 671-5250

Listed by Keller Williams Performance Realty

MLS# 4671310· Source: listhub· Updated today

Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

100 Broadway, Penrose, CO 81240

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