532 Gregory St Central City, CO 80427

This exceptional 3.46-acre mixed-use property in Central City, Colorado, presents a unique investment opportunity. Located on Gregory Street, the site boasts prime frontage zoned for gaming, commercial, and residential development, capitalizing on the area's thriving tourism and gaming industries. The property includes four fix-up houses and a large outbuilding, offering immediate potential for rental income or redevelopment. With 20 existing parking spaces, the site is well-positioned to accommodate a variety of uses, from casinos and restaurants to retail spaces and residential housing. The location is highly desirable, situated on the main strip leading through historic Central City, near the Black Hawk/Central City border in Gilpin County. The property's rich history, dating back to the 1859 gold rush, adds to its allure. While previous plans for a large casino exist, they are not guaranteed, and any development will require collaboration with the Central City Planning department. Buyers are responsible for verifying all information and obtaining necessary permits. The property offers convenient access to major transportation routes, being just 30 minutes from the metro area, an hour from the airport, and within a short drive of numerous recreational activities, including world-class skiing. This is a rare chance to acquire a substantial parcel in a booming market with diverse development possibilities. The asking price is $1,000,000. The APN is Multiple and ownership is held by a corporation. The legal descriptions for all parcels are available upon request.