Brokers welcome, I will pay 3% broker co-op. For sale by owner - call 303-834-2231 for questions or to arrange a showing, I live nearby so it’s easy to show. Great investment opportunity, can live and work here, or rent it all out and have it pay your mortgage plus have some extra cash leftover. Building is in downtown redevelopment district, with lots of tax breaks in a booming area within commuting distance of Denver metro area. Zoning changed recently to multi-use for the downtown area to allow for more uses, building has four floors with three of the floors having their own entries/exits. So it can be a commercial property on the street level floor and the rest can be residential, AirBnB, or it can all be commercial units, or can be one big commercial unit. It was rebuilt as a casino in 1992, and previous owners had put over $500,000 into remodeling the entire building at that time with fire escapes and total rebuild. Building was also the local police station and then the corporate offices of Johnny Z's casino. Building is next door to a 500+ car public parking garage, and a new public parking lot is being built in the back yard over the river starting in the next few weeks. Across the street is the Bus Stop for the Black Hawk - Central City Shuttle, as well as where all the other busses stop from Denver. Building is the old firehouse and was rebuilt in 1992 with the outside brick and stone structure being shored up with steel plates and the inside walls were sprayed with shockrete, and then a new building was basically built within the old building frame. Building made using 2x6's and 2x12's, which was made to hold a lot of weight - as the slot machines at that time were all using coins. This is a great long term investment with lots of potential uses: brewery, distillery (whiskey would do amazing here), restaurant, liquor store, casino, sports betting parlor (once state approves), commercial rental units, apartments, hotel, smoking lounge, outdoor gear store, music venue, bar, buffet, private residence with commercial unit/s. Can show about any day, as I just live down the road and am there most days anyway.
Sold
$430,000
405 Roworth St, Central City, CO 80427
4beds
3,387sqft
Income
Built in 1880
-- sqft lot
$428,900 Zestimate®
$127/sqft
$2,003 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
- 1/4 bathrooms: 1
Heating
- Baseboard, Forced air, Gas
Cooling
- Other
Features
- Eating Space / Kitchen, Smoke Free, Remodeled, Pet Free
- Flooring: Carpet, Hardwood, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total interior livable area: 3,387 sqft
Property
Parking
- Total spaces: 15
- Parking features: Off-street, On-street
Features
- Exterior features: Stone, Brick
- Has view: Yes
- View description: Mountain
Lot
- Size: 2,613 sqft
Details
- Parcel number: R002358
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Denver Square
- Property subtype: Income
Materials
- Wood
- Roof: Composition
Condition
- Year built: 1880
Community & neighborhood
Location
- Region: Central City
Other
Other facts
- Property Sub Type: Income
- Exterior Features: Garden Area, Fence, Balcony
- Unit Access: Garden Level, Exterior Access, Corridor, Courtyard
- School District: Gilpin RE-1
- Structural Style: Multi-Story
- Roof: Unknown
- Interior Features: Eating Space / Kitchen, Smoke Free, Remodeled, Pet Free
- Site Features: Near Public Transit
- Construction Methods: Brick, Block
- Building Type: Other
- Construction Materials: Brick
- Features: Commercial Improvements, Fire Alarm, Fire Sprinkler, Individual Basement
- View: City View, Mountain View
- Architectural Style: Denver Square
Services availability

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