Homes for sale - 532 Gregory ST, Central City, CO 80427

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$1,000,000

Est. payment - /mo

3.46 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Central City

MLS Listing ID 5451335

HOA Y/N No

Annual Tax Amount $10,052

Tax Year 2023

Lot Size 3.460 Acres

Acres 3.46

Property Sub-Type Improved Land

Source recolorado

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

Zoning Gaming, Comm, Res mixed

Interior

Fireplace N

Exterior

View City, Mountain(s)

Total Parking Spaces 15

Garage No

Schools

School District Gilpin Re-1

Others

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=268667&ld_reg=Y

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Listed by Clear Creek Realty Colorado LLC

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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