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Home » Real Estate » CO » Central City » 80427 » 532 Gregory St, Central City, CO, 80427
$1,000,000

532 Gregory St, Central City, CO, 80427

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.
Offered By
Joshua Spinner JOSHUASPINNER@GMAIL.COM,303-567-1010, Clear Creek Realty Colorado LLC

Property Details

Property Type Land
Status Active
Property Sub Type Unimproved Land
MLS # 8025745

Market Trends

New Properties On Market
3
25% Decrease In New Listings
Average Asking Price
$629,666
$192,166 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$234
$34 Increase In List Price/Sq. Ft.
Average Days On Market
5
1 Day Increase In Days On Market
Data as of Nov 16, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 10/19/2024 at 9:40 am