Incredible income or business opportunity! Zoned both Residential and Commercial, this property and 5.49 acres could be either home or business or both! This property is in a prime location, right behind the Penrose Post Office. Highway 115 is just a block away and Hwy 50 is only a few minutes away, giving it the perfect access for business. The property is fully fenced and the 2 back sections have chain link with security fencing. Recent improvements include fresh paint inside and out, new vinyl windows, plank flooring and a new roof. Rent out the living quarters or use for your office. Easy commute as its just 15 minutes to Canon City and Florence, less than 45 minutes to Colorado Springs, and 35 minutes to Pueblo.