SOURCE: Williams & Williams

Williams & Williams

July 12, 2012 08:02 ET

Williams & Williams to Auction Gaming Assemblage in Classic Gold Boomtown

Historic Buildings to Be Sold in Central City, Colorado

TULSA, OK--(Marketwire - Jul 12, 2012) - A gaming assemblage in historical Central City, Colorado will be auctioned by Williams & Williams, 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 auctionnetwork.com.

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 Roy Rogers Ranch on July 12 and the historic town of Garryowen, Montana on August 15, where the Battle of the Little Bighorn began.

For more details about Williams & Williams' auction of these historic buildings, visit www.williamsauction.com/centralcity. 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.

About Williams & Williams:
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.

Contact Information

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