Share This Listing

Message

936 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 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.

Executive Summary

Commercial-ready parcels in the heart of historic Cripple Creek are becoming increasingly scarce. This exceptional development opportunity includes approximately 5.5 city lots at the former Westward Ho Motel site, with municipal water and sewer taps already paid and natural gas, electricity, and high-speed internet readily available. Surrounded by paved streets, sidewalks, and curb-and-gutter infrastructure, the gently sloping site is well suited for a boutique hotel, mixed-use development, retail, restaurant, entertainment, office, or other commercial venture. Located within walking distance of Cripple Creek's casinos, restaurants, shopping, museums, and year-round attractions, the property benefits from a strong tourism-driven economy and proximity to major gold mining operations, outdoor recreation, Colorado Springs, and Denver, making it a rare investment opportunity in one of Colorado's fastest-growing mountain destinations.

Property Facts

Price $280,289 - $645,088 CAD
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Mixed Use
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Bar
  • Bowling Alley
  • Casino
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Lodge or Meeting Hall
  • Motel
  • Movie, Radio or Television Studio
  • Neighbourhood Centre
  • Office Park
  • Planned Unit Development
  • Police or Fire Station
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
Total Lot Size 0.61 AC
Cross Streets B Street
Zoning MULTI-USE, COMMERCIAL - Development possibilities - Commercial, Retail, Multi-Use, Multi-family, Casino. Possibly eligible for a variety of grants.

2 Lots Available

Lot 1

Price $280,289 CAD
Price Per AC $1,167,872.91 CAD
Lot Size 0.24 AC

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 Mo

Lot

Price $364,799 CAD
Price Per AC $985,942.96 CAD
Lot Size 0.37 AC

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.

Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • R0000338
  • R0000337
Land Assessment
$11,930 CAD
Improvements Assessment
$0 CAD
Total Assessment
$11,930 CAD
  • Listing ID: 41424704

  • Date on Market: 2026-07-24

  • Last Updated:

  • Address: 236 Bennett Avenue, Cripple Creek, CO 80813

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}