532 Gregory St Pending Save Request In-Person Tour Request Virtual Tour
Central City,CO 80427
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision Central City
MLS Listing ID 5451335
HOA Y/N false
Originating Board REcolorado
Annual Tax Amount $10,052
Lot Size 3.460 Acres
Acres 3.46
Property Sub-Type Unimproved Land
Property 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.
Location
State CO
County Gilpin
Area Suburban Mountains
Zoning Gaming, Comm, Res mixed
Direction Take Central City Parkway or highway 119 to Central City. Navigation will take you right to the property
Exterior
Garage Spaces 15.0
View Mountain(s),City
Building
New Construction false
Schools
School District Gilpin Re-1
Others
Senior Community false
Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=268667&ld_reg=Y