532 Gregory St Active

Central City,CO 80427

$ 1000000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Central City

MLS Listing ID 8025745

HOA Y/N false

Originating Board REcolorado

Annual Tax Amount $10,052

Lot Size 3.460 Acres

Acres 3.46

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, Commercial & Res.

Direction Take Central City Parkway or highway 119 to Central City. Navigation will take you right to the property.

Rooms

Other Rooms Outbuildings

Exterior

Garage Spaces 20.0

Utilities Available Natural Gas Available,Electricity Available,Cable Available

Waterfront false

View Mountain(s),Foothills View,City

Street Surface Paved

Building

Lot Description Level,Steep Slope,Abuts Ditch,Meadow,Historic District,Mountains

Sewer City Sewer,Public Sewer

Water City Water

New Construction false

Schools

School District Gilpin Re-1

Others

Senior Community false

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