Williams & Williams to Auction Gaming Assemblage in Classic Gold Boomtown

Williams & Williams to Auction Gaming Assemblage in Classic Gold Boomtown

ID: 164713

Historic Buildings to Be Sold in Central City, Colorado


(firmenpresse) - TULSA, OK -- (Marketwire) -- 07/12/12 -- in historical Central City, Colorado will be auctioned by , the premier brand in real estate auctions. The auction will include historic buildings and structures along Spring Street where low-stakes wagering operations are permitted, presenting an opportunity for redevelopment in an established, destination community. Bidding will open at $250,000 on Friday, July 27 at 1 p.m. MDT with interested buyers bidding on site or live from anywhere at .

Located in the Rocky Mountains, just 35 miles west of Denver, the charming town is a popular tourist destination for its historic character and casinos. In the classic fashion of a gold boomtown, Central City's rush started when a miner stumbled upon what would become known as the "Gregory Lode" in a nearby mountain gulch. The miners who descended on the area, and their newfound fortunes, created the "Richest Square Mile on Earth" and became the economic driver of a brand new city.

The 6.8 +/- acre assemblage to be auctioned has 49,176 +/- sf of property zoned for gaming with five historic buildings including the Miller & Koch building, the Seavey Building, the Hawley Warehouse often photographed by tourists for its iconic image and the Register Call building previously home to the community newspaper, the Register-Call, and the original freight depot for the Colorado & Southern Railway.

Additionally, a former jail consisting of a small stone building with concrete steps, wooden door, skylight and windows with jail bars and a residential one bedroom, one bath home with a detached one-car garage and storage shed building will be auctioned.

"Central City is one of the few towns in Colorado that allows low stakes gaming, bringing modern entertainment to a town full of rich heritage," said Rob Bridges, senior vice president from Williams & Williams. "It's an opportunity for a visionary or entrepreneur to reinvigorate and restore these charming buildings in a tourist driven town -- or someone with a new vision to redevelop this acreage."





This is one of several upcoming high-profile auctions for Williams & Williams, including the auction of the landmark on July 12 and the historic town of on August 15, where the Battle of the Little Bighorn began.

For more details about Williams & Williams' auction of these historic buildings, visit . People interested in touring the property can attend one of the public open inspections on Friday, July 13 or 20 from 11 a.m. to 2 p.m. MDT or two hours prior to the auction.

Williams & Williams® is a worldwide real estate auction leader. The only auction company to combine the proven effectiveness of live, at-the-property auctions with the global reach and convenience of real time, interactive bidding, Williams & Williams' auction teams sell real estate throughout the United States and abroad. We have a proven performance record for all types of real estate sales including residential, commercial, farms and ranches, and distinctive properties.



Media Contact:
Heather Pond
Atomic PR for Williams & Williams
415.593.1400

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 12.07.2012 - 12:02 Uhr
Sprache: Deutsch
News-ID 164713
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TULSA, OK



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Commercial & Investment Banking



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