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515 Cornell Ave
Lovelock, NV 89419
Lovelock Nugget Motel · Property For Lease · 5,448 SF

About the Property

20 unit motel, usable as a motel or as apartments. Plan in place and partially completed to convert into 9 apartments (or motel suites) with kitchen, plus 5 standard motel rooms without kitchen. Good for short or long term occupancies. Licensed as a motel. Can also be operated/occupied as apartments. Potentially ideal for worker housing. Mix of standard rooms, studios with kitchen, and 1 BR / 2 BR units with kitchen. Total of six kitchens/kitchenettes at present with option to add three more. About half of the units are updated and ready for immediate occupancy; the others need varying levels of work, from simple carpet and paint in some instances to moderate repairs in others. Rent credits for tenant improvements during the early months are negotiable. Large laundry room and garage for storage. Plentiful on site parking. Gross lease of entire property. 6838 SF in two main buildings plus a 374 SF detached garage/storage building.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Size 5,448 SF
Year Built 1946

Features and Amenities

  • Convention Hotel
  • Smoke Detector
  • Listing ID: 18929660

  • Date on Market: 3/20/2020

  • Last Updated:

  • Address: 515 Cornell Ave, Lovelock, NV 89419

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