Gaming Assemblage in Historic Central City, CO

"The Richest Square Mile on Earth"

Auction Details & Links

Auctions:
Friday July 27 at 1pm MDT

Auction Location:
Between the Register Call and Hawley buildings at Spring and Main streets in Central City, CO

Or bid live from anywhere at auctionnetwork.com

Open Public Inspections:
11-2pm Fridays July 6, 13 and 20 and two hours before the sale

Nominal Opening Bid:
$250,000

Online Bid Deposit:
$100,000

Directions:
From Hwy 40, exit 244: E onto US-6 .4mi., then E onto US-6/SR-119 2.4mi. S onto US-6 .4mi. W on SR-119 6mi. SW onto Black Hawk St./Gregory St. .5mi. Continue on Lawrence St. .5, S onto Spring St. .1mi to property.

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Customer Service at 800.801.8003

Gaming Assemblage in Historic Central City, CO

In the classic fashion of a gold boom town, Central City, Colorado got its auspicious start when a miner stumbled upon what would become known as the "Gregory Lode" in a nearby mountain gulch. The miners who descended on the area - and their newfound fortunes - created the "Richest Square Mile on Earth" and became the economic driver of a brand new city in the mountains west of Denver.

When the proverbial "gold dust" had settled more than a decade later, Central City still boasted a stable population, with city leaders who used thoughtful planning to rebuild its business district after a series of fires wiped out large sections of the town. More than a century later, many of those newer stone and brick buildings still stand as a monument to an important part of American history.

Today, the business of gold and silver mining has given way to tourism and gaming in this quaint mountain village. This assemblage of historic buildings lies along Spring Street and features historic structures such as the "fireproof" Seavy Building and brick structure that housed the local newspaper.

This 6.8+/- acre assemblage has 49,176+/- sf of limited stakes zoning, per the seller. Contiguous buildings and lots are completely contained in the area, one of the few in the state of Colorado that allows low-stakes wagering operations. This is a true opportunity for a modern day entrepreneur seeking redevelopment opportunities in an established, destination community.



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