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171 Lawrence St 1,625 SF Retail Building Central City, CO 80427 $905,011 CAD ($556.93 CAD/SF)
Investment Highlights
- Approx. 0.2–0.35 miles from proposed 600-room casino (under review) Gregory Gulch corridor location
- Rare historic retail opportunity in the heart of Central City’s Gaming District
- Zoning hospitality, gaming, restaurant/bar, dispensary, office permitted, boutique retail space
- Suitable for developers, investors, or 1031 buyers
- 1,625 SF storefront with strong Lawrence Street visibility
- Seller motivated, pricing reflects immediate opportunity
Executive Summary
Opportunity to acquire a historic storefront in the heart of Central City’s Gaming District. Located on Lawrence Street within the Gregory Gulch corridor, this 1,625 SF retail property offers strong visibility, tourism traffic, and flexible Historic Downtown Gaming zoning allowing hospitality, gaming, restaurant/bar, dispensary, office, and entertainment uses. Originally built in 1891 and updated in 2015, the building blends historic character with functional modern improvements and 12’ ceiling heights. Positioned approximately 0.2–0.35 miles from the proposed 600-room casino (under review), the property presents immediate owner-user potential and long-term appreciation tied to gaming expansion. Ideal for investors, developers, or 1031 exchange buyers seeking strategic positioning in a limited-inventory submarket. Seller will consider all reasonable offers. Quick close preferred.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,625 SF
Building Class
C
Year Built/Renovated
1891/2015
Price
$905,011 CAD
Price Per SF
$556.93 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.66
Lot Size
0.06 AC
Zoning
Historic Downtown Gaming - Allowed Uses:
Hospitality, Gaming, Recreation, Entertainment
Restaurant / Bar
Office
Marijuana Dispensary
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | R002524 | Improvements Assessment | $103,503 CAD |
| Land Assessment | $22,981 CAD | Total Assessment | $126,484 CAD |
Property Taxes
Parcel Number
R002524
Land Assessment
$22,981 CAD
Improvements Assessment
$103,503 CAD
Total Assessment
$126,484 CAD
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Presented by
Viet Real Estate
171 Lawrence St
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