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Exceptional commercial development opportunity in the heart of historic Cripple Creek. Colorado's legendary Gold Camp and one of the state's premier gaming and tourism destinations. Formerly the site of the Westward Ho Motel, this rare offering includes approximately 5½ city lots with municipal water and sewer taps paid, plus natural gas, electricity, and high-speed internet available. Paved streets, curb and gutter, and sidewalks are already in place. The gently sloping terrain is ideal for a boutique hotel, hospitality development, mixed-use project, retail center, restaurant, entertainment venue, office space, workforce housing, or other commercial venture. An adjacent 3½-lot parcel is also available separately, creating the opportunity for an even larger development. Located within walking distance of casinos, restaurants, shopping, museums, nightlife, festivals, and year-round events, this property offers exceptional convenience for visitors and residents alike. Cripple Creek continues attracting tourists from across Colorado and beyond, creating strong demand for lodging, dining, retail, and supporting businesses. The local economy is supported by a thriving casino industry and one of the nation's largest active gold mining operations in nearby Victor. Outdoor recreation is unmatched, with nearby National Forest and BLM lands offering hiking, ATV trails, fishing, hunting, snow sports, and easy access to world-class skiing. Just 90 minutes from Colorado Springs and a little over two hours from Denver, this commercial-ready property offers a rare opportunity to invest in one of Colorado's most unique mountain communities. As Cripple Creek continues its revitalization into a premier destination, this is your chance to develop a landmark hospitality or commercial project in the center of the action.
| DAYS ON MARKET | 2 | LAST UPDATED | 6/27/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Freeman Placer |
| COUNTY | Teller | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| ADDITIONAL DETAILS | |
| AREA | Freeman Placer |
|---|---|
| LOT | 0.37 acre(s) |
| LOT DESCRIPTION | Level |
| TAXES | 442.78 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Panoramic |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Great Plains Land Company, 4052550051
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