305 Bennett AveCripple Creek, CO 80813

For Sale

2.25-acre prime commercial land in Cripple Creek, CO

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 2.25-acre commercial land parcel presents a unique development opportunity in the heart of Cripple Creek, Colorado. Located just west of the central business district, this property boasts BB Neighborhood Mixed Use zoning, allowing for versatile development options. The site offers convenient access to utilities, a significant advantage in this area. With its proximity to ten casinos and a large gold mine employing 700 people, this location benefits from a robust workforce and significant tourism. The property's potential includes a 108-unit apartment complex, aligning with the moderate-density zoning and the area's need for workforce housing. Cripple Creek's designation as the county seat of Teller County and its participation in Proposition 123, the Colorado Affordable Housing Financing Fund, further enhances the investment potential. This is a rare chance to build in a historic town experiencing growth and situated amidst the stunning Colorado Rockies. The property is situated at 305 W Bennett Ave, Cripple Creek, CO 80813. This location offers a blend of residential and commercial possibilities, making it an exceptional investment opportunity in a thriving community. The property's address is 305 W Bennett Ave, Cripple Creek, CO 80813.

Highlights

  • 2.25-acre commercial land parcel in Cripple Creek, CO.
  • BB Neighborhood Mixed Use zoning allows versatile development.
  • Convenient utility access.
  • Strong workforce and tourism due to proximity to 10 casinos and a 700-employee gold mine.
  • Potential for a 108-unit apartment complex.
  • Located in Cripple Creek, Teller County, benefiting from Proposition 123 funding.

Property Details for 305 Bennett Ave

Property type
Other land, Land
Lot Size (sq. ft)
98,010 SF

Location Insight

City
Cripple Creek
County
Teller
State
Colorado
Latitude
38.7465604
Longitude
-105.1846315
305 Bennett Ave, Cripple Creek, Colorado
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305 Bennett Ave
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