532 Gregory Street
Central City, CO 80427
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Description for 532 Gregory Street, 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 therngold rush. This district has produced $65,000,000 in gold. This site is now available for a casino, commercial and/orrnresidential housing development. It is located on the main strip leading through historic Central City. The property is onrnthe Black Hawk / Central City border in Gilpin County. The combined lots total 3.46 acres with a combination of zoningrnincluding: gaming, commercial and residential. It is suitable for a wide array of uses including casinos, restaurants, bars,rnhousing and commercial retail. There are 4 fix-up houses and a large outbuilding on the combined lots. The previous ownerrnhad plans for a large casino. Those plans are available however the current owner was not involved with that proposedrndevelopment and any permits have long expired. The rendering included was proposed by the previous owner and isrnincluded as an example of what might be possible. Future guests will enjoy historic mountain towns, hiking, biking, skiing,rnrafting, fishing, local bistros, brew pubs, galleries, zip-lining, ATV & 4WD trails and much more all within a short drive. Justrn30 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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