532 Gregory Street
Central City, CO 80427
3.46 acres | #5451335
Description
2.2 Million dollar price drop. The first gold lode in Colorado was discovered just feet from this location in 1859 sparking the
gold rush. This district has produced $65,000,000 in gold. This site is now available for a casino, commercial and/or
residential housing development. It is located on the main strip leading through historic Central City. The property is on
the Black Hawk / Central City border in Gilpin County. The combined lots total 3.46 acres with a combination of zoning
including: gaming, commercial and residential. It is suitable for a wide array of uses including casinos, restaurants, bars,
housing and commercial retail. There are 4 fix-up houses and a large outbuilding on the combined lots. The previous owner
had plans for a large casino. Those plans are available however the current owner was not involved with that proposed
development and any permits have long expired. The rendering included was proposed by the previous owner and is
included as an example of what might be possible. Future guests will enjoy historic mountain towns, hiking, biking, skiing,
rafting, fishing, local bistros, brew pubs, galleries, zip-lining, ATV & 4WD trails and much more all within a short drive. Just
30 min to the metro area, 1 hour to the airport, 45 minutes to skiing, and within 1.5 hours of 7 world class ski areas.
Property Details
- ViewCity, Mountain(s)
- Property SubtypeImproved Land
- SubdivisionCentral City
- School DistrictGilpin RE-1
- Original List Price$1,000,000
- Property TypePurchase
- Taxes Annual$10,052
- MLS #5451335
- Cost1000000
- MLS #5451335
- CountyGilpin
- Acres3.46
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Joshua Spinner (#REC019945)
Listing Office: Clear Creek Realty Colorado LLC (#RECM3183)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
