$1,000,000
Central City, CO 80427
Key Features
- Property Type: Land
- Status: Pending
- MLS® ID: 5451335
- Lot/Acreage: 3.46
- County: Gilpin
- Neighborhood: Central City
Exterior Details
- Garage: 15
- Zoning: Gaming, Comm, Res mixed
- Virtual Tour Link: View Tour #1
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
- Address: 532 Gregory St Central City CO 80427
- City: Central City
- State: CO
- Zip: 80427
Take Central City Parkway or highway 119 to Central City. Navigation will take you right to the property
©2025 Information and Real Estate Services, LLC (IRES) - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Information and Real Estate Services, LLC (IRES)
Listing # Courtesy of Joshua Spinner of Clear Creek Realty Colorado LLC. Last Updated: January 31, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.