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532 Gregory Street
Central City, 80427
FOR
SALE
$2,200,000
For Sale
3.46
Acres
MLS# 8025745
Cumulative Days on Market: 20 (since April 8th, 2024) Data provided by the MLS.

Property Details

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 and 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.

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Property Highlights

Price
$2,200,000
Property Type
Land
Property Sub Type
Subdividable
Acres
3.46

Location

County
Gilpin
Subdivision
Central City
View
City, Mountain(s), Valley
Zoning
Gaming, Commercial & Res

Property Details

Price
$2,200,000
Property Sub Type
Subdividable
Property Type
Land

Community

Local Schools

School District
Gilpin RE-1

Terms

Terms

Exclusions
None
Ownership
Corporation/Trust
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional

Taxes

Tax

Tax (Annual)
$10,052

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected
Water Source
Public

Lot

Acres
3.46
Lot Features
Ditch, Historical District, Level, Meadow, Mountainous, Near Public Transit, Near Ski Area, Steep Slope, Subdividable
Lot Size
3
Lot Size Area Sq Ft
150,718

Exterior Features

Fencing
None

Parking

Total Parking Spaces
20
Listed by Clear Creek Realty Colorado LLC, joshuaspinner@gmail.com, 303-567-1010.
Listing Data last updated 04/25/2024 05:16 PM
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 28-Apr-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

20 days ago
Property information last updated
20 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 20. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX 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 is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 04/25/2024 05:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 04/25/2024 05:16 PM
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Text: 720-441-3050