Log In/Sign Up
Your email has been sent.
Lucky Cuss Motel 3305 Fremont St 15 Room Hotel Las Vegas, NV 89104 $1,800,000 ($120,000/Room) 10% Cap Rate
Matterport 3D Tours
Investment Highlights
- Prime location in one of the most dynamic and historically rich commercial real estate markets in all of the Western United States.
- Turnkey, cash-flowing asset with a strong 4-star Google rating, multiple years of operations, and access to a dense consumer base.
- Compelling 15-room boutique hospitality investment opportunity in the heart of Downtown Las Vegas near the Fremont Street Experience.
- Positioned in a highly desirable area that is easily accessible to Interstate 11 and only 15 minutes from Harry Reid International Airport.
Executive Summary
Discover the Lucky Cuss Motel at 3305 Fremont Street, a turnkey, cash-flowing investment positioned to capitalize on Las Vegas' thriving tourism-driven economy. This 5,591-square-foot hotel sits on a 0.69-acre parcel and features 15 rooms with an exterior corridor layout. Situated just a three-minute walk from Fremont Street, it provides immediate proximity to major entertainment hubs. 3305 Fremont Street is strategically located near key Las Vegas demand drivers, including the Golden Nugget Casino, Stratosphere Tower, Las Vegas Convention Center, Las Vegas North Premium Outlets, and the Las Vegas Strip, as well as numerous restaurants and tourist attractions that support steady occupancy potential. Guests benefit from free Wi-Fi and self-parking, and the property holds a strong 4-star rating on Google, supporting its established reputation and ongoing performance.
Lucky Cuss Motel is a highly visible location with exposure to over 23,000 vehicles per day and access to a dense population of more than 1,466,000 residents, further enhanced by steady visitor traffic in one of the most visited destinations in the United States. The property also offers seamless regional connectivity with convenient access to Interstate 11. It is just 15 minutes from Harry Reid International Airport, making it highly accessible for both leisure and business travelers.
Las Vegas is fundamentally anchored in tourism, with gaming, entertainment, and convention activity forming the backbone of its economy. At the same time, the leisure and hospitality sector consistently account for nearly 30% employment, reinforcing the market's strength and stability. As tourism-oriented development continues to reshape the region, this centrally located hospitality offering provides investors with a rare opportunity to acquire a well-positioned, income-producing asset within a high-demand, growth-oriented market driven by year-round visitation and global appeal.
Lucky Cuss Motel is a highly visible location with exposure to over 23,000 vehicles per day and access to a dense population of more than 1,466,000 residents, further enhanced by steady visitor traffic in one of the most visited destinations in the United States. The property also offers seamless regional connectivity with convenient access to Interstate 11. It is just 15 minutes from Harry Reid International Airport, making it highly accessible for both leisure and business travelers.
Las Vegas is fundamentally anchored in tourism, with gaming, entertainment, and convention activity forming the backbone of its economy. At the same time, the leisure and hospitality sector consistently account for nearly 30% employment, reinforcing the market's strength and stability. As tourism-oriented development continues to reshape the region, this centrally located hospitality offering provides investors with a rare opportunity to acquire a well-positioned, income-producing asset within a high-demand, growth-oriented market driven by year-round visitation and global appeal.
Matterport 3D Tours
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
Property Facts
| Price | $1,800,000 | Building Size | 5,591 SF |
| Price Per Room | $120,000 | No. Rooms | 15 |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 10% | Year Built/Renovated | 1955/2022 |
| Property Type | Hospitality | Parking Ratio | 3.58/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.69 AC | ||
| Zoning | H-2, County | ||
| Price | $1,800,000 |
| Price Per Room | $120,000 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 5,591 SF |
| No. Rooms | 15 |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2022 |
| Parking Ratio | 3.58/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | H-2, County |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 15 | $155.00 | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
About Las Vegas North
Famed for its gaming industry, nightlife, and convention business, Las Vegas also offers many more demand generating attractions. With the most hotel rooms in the nation, tourism is its main economic driver. Annually, roughly 55 million passengers arrive by plane through McCarran International Airport in typical times. The destination also benefits from drive-to traffic from California and Utah through Interstate 15.
Locations north of the strip feature casinos, gaming, and events with sites like Fremont Street. Downtown Las Vegas additionally appeals to visitors through numerous museums and attractions including: The Neon Museum, The Mob Museum, World Market Center, North Premium Outlets, and Downtown Container Park.
Northern Las Vegas also offers outdoor recreation opportunities such as hiking, biking, fishing, off-roading, golfing, and skiing through Lake Mead National Recreation Area, Mt. Charleston, and Nellis Dunes Off-Highway Vehicle Area. Drawing visitors, Las Vegas Motor Speedway hosts two NASCAR Cup Series Race events and numerous NHRA drag racing events annually.
Other economic sectors in Northern Las Vegas include mining, agriculture, manufacturing, and military. Located at the northeastern edge of North Las Vegas, Nellis Air Force Base is known as “Home of the Fighter Pilot” and is home to the U.S. Air Force Warfare Center.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Dotty's | - | - | 6 min walk |
| Paco's Tacos & Grill | Mexican | - | 8 min walk |
| Four Mile Bar | - | - | 14 min walk |
| Winchell's Donut House | - | - | 15 min walk |
| Subway | - | - | 15 min walk |
| Jack In The Box | - | - | 16 min walk |
Retail |
||
|---|---|---|
| Circle K, Inc. | Convenience Market | 5 min walk |
| Walgreens | Drug Store | 7 min walk |
| Budget | Other Retail | 10 min walk |
| United States Postal Service | Business/Copy/Postal Services | 15 min walk |
| Family Dollar | Dollar/Variety/Thrift | 16 min walk |
Property Taxes
| Parcel Number | 162-01-802-002 | Improvements Assessment | $70,805 |
| Land Assessment | $109,551 | Total Assessment | $180,356 |
Property Taxes
Parcel Number
162-01-802-002
Land Assessment
$109,551
Improvements Assessment
$70,805
Total Assessment
$180,356
Sale Advisor
Sale Advisor
Steve Randall, Broker | Owner
Steve Randall brings extensive real estate expertise and provides outstanding customer service.
A Las Vegas native, Steve initiated his real estate career as a residential mortgage lender in 2001. In 2006, he expanded his professional portfolio by acquiring a real estate license, seamlessly operating in both sectors. Steve assists buyers and sellers in making strategic decisions across various real estate investments. Above all, he remains genuinely committed to the satisfaction of his clients, diligently working to instill confidence and achieve success. With years of experience, Steve is well-prepared for any unforeseen challenges that may arise.
A Las Vegas native, Steve initiated his real estate career as a residential mortgage lender in 2001. In 2006, he expanded his professional portfolio by acquiring a real estate license, seamlessly operating in both sectors. Steve assists buyers and sellers in making strategic decisions across various real estate investments. Above all, he remains genuinely committed to the satisfaction of his clients, diligently working to instill confidence and achieve success. With years of experience, Steve is well-prepared for any unforeseen challenges that may arise.
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
Contact the Sale Advisor
Lucky Cuss Motel | 3305 Fremont St