161 Lawrence St
Central City, CO 80427
Historic Downtown Multi-Use Commercial · Sports & Entertainment Property For Sale · 2,904 SF

Great investment opportunity. Building is in downtown redevelopment district, with lots of tax breaks in a booming area within commuting distance of Denver metro area. Zoning changed recently to multi-use for the downtown area to allow for more uses, building has four floors with three of the floors having their own entries/exits. So it can be a commercial property on the street level floor and the rest can be residential, AirBnB, or it can all be commercial units, or one big commercial unit. It was rebuilt as a casino in 1992, and previous owners had put over $500,000 into remodeling the entire building at that time with fire escapes and total rebuild. Building was also the local police station and then the corporate offices of Johnny Z's casino. Building is next door to a 500+ car public parking garage, and a new public parking lot is being built in the back yard over the river starting in the next few weeks. Across the street is the Bus Stop for the Black Hawk - Central City Shuttle, as well as where all the other busses stop from Denver. Building is the old firehouse and was rebuilt in 1992 with the outside brick and stone structure being shored up with steel plates and the inside walls were sprayed with shockrete, and then a new building was basically built within the old building frame using 2x6's and 2x12's for the flooring and was made to hold a lot of weight as the slot machines at that time were all using coins. This is a great long term investment with lots of potential uses: brewery, distillery (whiskey would do amazing here), restaurant, liquor store, casino, betting parlor (once state approves), commercial rental units, apartments, hotel, smoking lounge, outdoor gear store, music venue, bar, buffet, private residence with commercial unit/s.