Active
532 Gregory Street
Central City CO, 80427
$2,200,000
$14.60 per sqft
Active
3.46 Acres
Land
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.
8025745
MLSⓇ ID
April 8, 2024
Listed
August 23, 2024
Updated
Map
532 Gregory Street
Central City CO, 80427
Exterior/Building Features
Lot Size
3.46 Acres
Lot Features
Ditch, Historical District, Level, Meadow, Mountainous, Near Public Transit, Near Ski Area, Steep Slope, Subdividable
Sewer
Public Sewer
School Information
School District
Gilpin RE-1
Other Property Details
Taxes
$10,052
Tax Frequency
Annually
Garage
No
Parking Total
20
View
Yes
View Description
City, Mountain(s), Valley
County
Gilpin
Water Source
Public
Pool
No
Zoning
Gaming, Commercial & Res.
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