970.222.1020
 | 
Login Account
 | 
Sign Up
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 # 5451335

Market Trends

New Properties On Market
3
50% Decrease In New Listings
Average Asking Price
$267,833
$130,500 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$137
$20 Decrease In List Price/Sq. Ft.
Average Days On Market
24
6 Day Decrease In Days On Market
Data as of Jul 29, 2025. Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.

Similar Listings

1 Academy St, Central City, CO 80427 Listing Photo  1
$950,000
1 Academy St
Central City, CO
Offered By Tony Thorpe Crocker Realty, LLC
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. © 2025 IRES. Property data was last updated on 7/25/2025 at 8:24 am