Commercial Real Estate Market in Central City, CO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 111 off-market properties in Central City, CO.
Market Trends
Central City, CO spans 14.4 square miles in Gilpin County, Colorado. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Central City, CO runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Central City, CO runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Central City, CO runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Central City, CO runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Market overview
Demographics & Economy
Central City, CO has 1,051 residents in 501 households. Density runs 73 people per square mile. Median household income here is $62,569 and median gross rent $1,622 a month.
1,051
Population
501
Households
2.1
Avg Household Size
46
Median Age
31%
College-Educated
89%
High-School Grad
14.4 sq mi
ZIP Area
73
Density / Sq Mi
$62,569
Median Household Income
$46,000
Median Earnings
$1,622
Median Rent
$380,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Black Hawk | — | — |
| Idaho Springs | — | — |
| Dumont | — | — |
| Pinecliffe | — | — |
Commercial property in Central City, CO asks $26/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Central City?
Commercial property in Central City, CO asks an average of $26 per square foot. The 3 most recent recorded sales traded at a median of $150/SF.
Where does Realmo's Central City market data come from?
Realmo compiles Central City, CO figures from 3 recent recorded sales, 31 active sale listings, 111 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 31 active for-sale and 0 active for-lease listings in Central City, CO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
