118 Main St Central City, CO 80427
- Casinos
- 6,200 SF
Current Use by Public Records
- Casinos
Property Details for 118 Main St
- Year built
- 1874
- Property size
- 6,200 SF
- Property type
- Casinos
- Property subtype
- Hospitality properties
Description
This iconic 6,200 square foot building at 118 Main Street, Central City, Colorado, presents a unique investment opportunity. Built in 1874 and fully renovated in 1990, this three-story structure sits on a 2,178 square foot lot and is zoned for entertainment uses. The property features a convenient elevator servicing all three floors. The layout includes bars on each of the two main levels, ideal for a casino or other entertainment venue. The upper two floors are designed for customer use, while the lower level provides ample space for employee areas and operational functions. Modern amenities are in place throughout the building. Central City's unique status as one of only three Colorado cities permitting in-person casino gaming makes this a highly desirable location. The property is currently vacant, offering immediate potential for development. The asking price is $2,263,000. This is a rare chance to acquire a piece of Colorado history with significant upside potential in the thriving entertainment industry.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Central City
- County
- Gilpin
- State
- Colorado
- Longitude
- -105.513
- Latitude
- 39.8001
