$199,000
0.24± Acres
New Listing
Teller County, Colorado

Cripple Creek Commercial Lots .24 +/- acres

ID: 111240
Status: New Listing
Price: $199,000
Acres: 0.24
Type: Commercial
Address: 234 W. Bennett
City, State: Cripple Creek, Colorado
County: Teller
Zip Code: 80813
Presented By: Clint Whiting

Description

Exceptional development opportunity in the thriving casino town of Cripple Creek, Colorado! Ideally located just steps from the historic downtown district, this prime building site is perfectly positioned for commercial, mixed-use, hospitality, retail, or residential development. Municipal water and sewer taps are already paid, with natural gas, electricity, high-speed internet, paved streets, curb, gutter, and sidewalks all in place-making this a truly shovel-ready investment.

The gently sloping parcel offers outstanding flexibility for a variety of building designs while capturing stunning mountain and city views. This property consists of 3 1/2 lots, with the adjoining 5 1/2 -lot parcel (former site of the Westward Ho Motel) also available separately, creating even greater potential for larger-scale commercial, casino-related, lodging, retail, or mixed-use projects.

Enjoy a highly walkable location just minutes from casinos, restaurants, shops, museums, schools, festivals, and year-round community events. The area's strong economy is supported by one of the largest active gold mines in the United States and Cripple Creek's expanding gaming, tourism, and hospitality industries, providing a steady workforce and growing visitor base.

Outdoor recreation is unmatched, with National Forest and BLM lands nearby, plus easy access to world-class skiing, fishing, hiking, ATV trails, and snow sports. Conveniently located about 90 minutes from Colorado Springs Airport and just over two hours from Denver.

Commercial-ready parcels in the heart of Cripple Creek are becoming increasingly scarce. With the city's ongoing revitalization and continued investment in tourism and gaming, this is an outstanding opportunity to secure a premier development site in one of Colorado's fastest-growing mountain destinations.

Additional Details

Additional Info

Current Use: Vacant
Possible Use: Commercial

Financial

Listing Terms: 1031 Exchange, Cash, Conventional
Tax ID: R0000337
Taxes (annually): $174
Tax Year: 2025
Legal Description:

L14 E1/2 L15 B7 CR CK FRE PL ADD and L12+13 B7 CR CK FRE PL

Ask Clint About This Property

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