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Ormsby House 600 S Carson St 110 Room Hotel Carson City, NV 89701 $16,750,000 ($152,273/Room)

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INVESTMENT HIGHLIGHTS

  • Downtown Carson City Nevada across the street from the State Capitol Campus. A legacy investment and opportunity into Carson City.

EXECUTIVE SUMMARY

The Ormsby House is an iconic historical Northern Nevada landmark centrally located in Carson City, the heart of the Nevada State capital, overlooking the state legislative compound. Perfect location for conference, events, retreat, resort, care facility, retail and more! The property listing includes four parcels 003-092-03, 003-092-04, 003-092-05, 003-093-05 for a total of 3.18 acres and approximately 200,000 SQFT of hotel space in various stages of construction. It features all new mechanical systems. This local landmark has enormous potential for the right buyer. Sitting in the heart of Carson City its location is PRIME for retail, resort, conference, events, non gaming activities, long term care facility, apartments, corporate headquarters, corporate housing, shops, restaurants, the possibilities are endless. As you enter the main doors you are greeted by the original grand staircase. In addition there are four elevators and two new escalators that take you to various locations within. The hotel tower has 110 rooms that are in a rough drywall stage. Floors 3 through 10 have 8 foot ceilings and approximately 12,500 square feet of floor plate. Of the 110 rooms, all but six are large two room suites. The third floor includes nine hotel rooms and approximately 4,700 square feet of office space. The fourth floor includes 12 hotel rooms, a gym area, and a 2,400 square foot green room with 180 degree views. Floors six through ten have fifteen hotel rooms and accessory amenities. Some fixtures for the rooms will be included with the sale. The casino/retail building is comprised of two stories and approximately 58,600 square feet for ground floor with 50,000 square feet on the second level. The walls have been constructed with steel framing and the sheet rock needed to finish the interior is included on site. The first floor of the property is designed and prepped for 1,600 square foot bar, 450 square foot retail, 10,400 square foot open space, 5,000 square foot steak house, 2,100 square foot coffee shop. The second floor offers a great opportunity for conventions and meetings. It includes four 700 square foot meeting rooms, 7,000 square foot convention room with floating walls already installed, 3,200 square feet of multi purpose room. The seven story parking garage is connected to the Property by a new sky bridge. It supplies 400 +/- parking spots and has a 7,600 square foot bar and lounge area on the ground floor. All square footages are approximate.

PROPERTY FACTS

Price $16,750,000
Price Per Room $152,273
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.18 AC
Building Size 196,400 SF
No. Rooms 110
No. Stories 11
Year Built/Renovated 1972/2009
Parking Ratio 2.04/1,000 SF
Corridor Interior
Zoning DT-MU - Downtown Mixed Use

AMENITIES

  • Restaurant

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 110 $55.00 -
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003-092-03
Land Assessment
$326,506
Improvements Assessment
$2,294,665
Total Assessment
$2,621,171
  • Listing ID: 31728238

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 600 S Carson St, Carson City, NV 89701

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