$259,900
0.37± Acres
New Listing
Teller County, Colorado

Cripple Creek Commercial Lot .37 +/- ac

ID: 111203
Status: New Listing
Price: $259,900
Acres: 0.37
Type: Commercial
Address: 236 W. Bennett Ave
City, State: Cripple Creek, Colorado
County: Teller
Zip Code: 80813
Presented By: Clint Whiting

Description

Exceptional commercial development opportunity in the heart of historic Cripple Creek

Colorado's legendary Gold Camp and one of the state's premier gaming and tourism destinations. Formerly the site of the Westward Ho Motel, this rare offering includes approximately 5 1/2 city lots with municipal water and sewer taps already paid, plus natural gas, electricity, and high-speed internet readily available. Paved streets, curb and gutter, and sidewalks are already in place.

The gently sloping terrain is ideal for a boutique hotel, hospitality development, mixed-use project, retail center, restaurant, entertainment venue, office space, or other commercial venture. An adjacent 3 1/2 -lot parcel is also available separately, offering the potential for an even larger development.

Within walking distance of renowned casinos, restaurants, shopping, museums, nightlife, festivals, and year-round events, this property offers outstanding convenience for visitors and residents alike.

The local economy is anchored by a thriving casino industry and one of the nation's largest active gold mining operations in nearby Victor. Outdoor recreation abounds with National Forest and BLM lands, hiking, ATV trails, fishing, hunting, snow sports, and world-class skiing nearby.

Just 90 minutes from Colorado Springs and a little over two hours from Denver, this commercial-ready property offers an increasingly rare opportunity to develop in one of Colorado's fastest-growing mountain destinations. Invest now and become part of Cripple Creek's exciting future.

Additional Details

Additional Info

Fencing: None
Road Type: Concrete
Road Frontage: City Street
Current Use: Vacant
Possible Use: Commercial

Financial

Listing Terms: 1031 Exchange, Cash, Conventional
Tax ID: R0000336
Taxes (annually): $443
Tax Year: 2025
Legal Description:

W1/2 L15 ALL L16-20 B7 CR CK FREEMAN PL ADD

Ask Clint About This Property

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