Hospitality

Reno, NV Hospitality Properties for Sale

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Former Hotel with Kitchenettes
Updated: Mar 10
Former Hotel with Kitchenettes

140 Court St, Reno, NV 89501

Contact for pricing
55,471 sqft
93 rooms, each featuring convenient kitchenettes.
Substantial discount to replacement cost, offering exceptional value.
Enjoy the indoor pool and sauna for relaxation and recreation.
Includes shares and declarant rights to foreclosure on defaulted shares.
Benefit from three separate parking garage areas.
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Reno Midtown Motel Lodge
Updated: Oct 18, 2023
Reno Midtown Motel Lodge

599 S Center St, Reno, NV 89501

Contact for pricing
9,660 sqft 0.45 AC lot
High occupancy rate (94.3%) indicating strong current revenue.
Prime location in the heart of Reno's Midtown District.
Mixed‑Use zoning allowing for repositioning and redevelopment opportunities.
Proximity to Virginia Street, Reno's main thoroughfare.
35‑room motel lodge.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Small Boutique Motel Opportunity
Small Boutique Motel Opportunity

1515 N Carson Street, Carson City, NV 89701

$725,000
2,832 sqft 0.15 AC lot

Single-story motel with paved parking and direct downtown frontage, offering a flexible hospitality or housing-oriented redevelopment path.

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Motel For Sale
Motel For Sale

3251 S Carson Street, Carson City, NV 89701

$2,975,000

For sale motel/hospitality property located at 3251 S Carson Street in Carson City, Nevada.

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Planned Hotel With Rooftop Terrace
Planned Hotel With Rooftop Terrace

8626 N Lake Blvd, Kings Beach, CA 96143

$12,000,000
0.63 AC lot

Approved plans call for a three-story 30-unit hotel with a rooftop terrace restaurant and first-floor retail/restaurant space.

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Lake Tahoe Hotel Development Opportunity
Lake Tahoe Hotel Development Opportunity

8626 N Lake Boulevard, Kings Beach, CA 96143

$12,000,000
0.43 AC lot

Prime Kings Beach location approved for 30-unit hotel development.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

20-Acre Ranch Parcel Near Junction
20-Acre Ranch Parcel Near Junction

480 Old Hwy, Doyle, CA 96109

$195,000
20.00 AC lot

20-acre ranch parcel along US-395 corridor, ideal for investment.

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Prime Land with Highway Frontage
Prime Land with Highway Frontage

1795 U.S. Hwy 395, Minden, NV 89423

$5,000,000
14.21 AC lot

14.21 acres in Minden, Nevada, with Highway 395 frontage.

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Land in Grizzly Ranch
Land in Grizzly Ranch

78 S Ridge Road lot: 256, Portola, CA 96122

Contact for pricing
0.63 AC lot

Land in premier community with golf, recreation, and nature.

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Secluded Acreage in Tranquil Setting
Secluded Acreage in Tranquil Setting

928 Blazing Star lot: 335, Portola, CA 96122

$189,900
1.93 AC lot

1.93 acre lot perfect for a custom home.

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Off-Market Properties in Reno, NV

Consider similar Off-Market properties in Reno, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2241 4th St
MOTEL

2241 4th St, Reno, NV 89512-3803

Value Estimation by Request
6,756 sqft 0.48 AC lot
View details
9845 Gtwy Dr
HOTEL

9845 Gtwy Dr, Reno, NV 89521-8995

$10,145,000
Estimated value
31,005 sqft 3.25 AC lot
View details
1661 6th St
MOTEL

1661 6th St, Reno, NV 89512-3786

$1,550,000
Estimated value
23,712 sqft 1.39 AC lot
View details
1200 4th St
MOTEL

1200 4th St, Reno, NV 89512-3601

Value Estimation by Request
3,022 sqft 0.18 AC lot
View details
895 Virginia St
MOTEL

895 Virginia St, Reno, NV 89501-1030

Value Estimation by Request
7,118 sqft 0.29 AC lot
View details
1250 Plumb Ln
MOTEL

1250 Plumb Ln, Reno, NV 89502-3611

$2,335,000
Estimated value
32,772 sqft 1.43 AC lot
View details
2760 Virginia St
MOTEL

2760 Virginia St, Reno, NV 89502-4214

$2,000,000
Estimated value
1,813 sqft 1.93 AC lot
View details
2500 2nd St, Unit 1832
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 1832
Value Estimation by Request
510 sqft 0.01 AC lot
View details
1981 Terminal Way
MOTEL

1981 Terminal Way, Reno, NV 89502-3215

$13,765,000
Estimated value
161,348 sqft 5.34 AC lot
View details
2500 2nd St, Unit 1826
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 1826
Value Estimation by Request
510 sqft 0.01 AC lot
View details
2500 2nd St, Unit 1824
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 1824
Value Estimation by Request
510 sqft 0.01 AC lot
View details
2500 2nd St, Unit 1822
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 1822
Value Estimation by Request
510 sqft 0.01 AC lot
View details
2795 4th St
MOTEL

2795 4th St, Reno, NV 89512-3801

$1,810,000
Estimated value
3,120 sqft 0.46 AC lot
View details
222 Sierra St
MOTEL

222 Sierra St, Reno, NV 89501-1307

$1,755,000
Estimated value
6,514 sqft 0.16 AC lot
View details
220 Sierra St
MOTEL

220 Sierra St, Reno, NV 89501

$1,745,000
Estimated value
6,514 sqft 0.16 AC lot
View details
1750 4th St
MOTEL

1750 4th St, Reno, NV 89512-3700

$2,380,000
Estimated value
11,558 sqft 0.63 AC lot
View details
2500 2nd St, Unit 1854
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 1854
Value Estimation by Request
405 sqft 0.01 AC lot
View details
941 Virginia St
MOTEL

941 Virginia St, Reno, NV 89502-2415

$2,250,000
Estimated value
8,080 sqft 0.33 AC lot
View details
9920 Double R Blvd
HOTEL

9920 Double R Blvd, Reno, NV 89521-8901

$30,890,000
Estimated value
83,242 sqft 2.83 AC lot
View details
10559 Professional Cir
HOTEL

10559 Professional Cir, Reno, NV 89521-4882

$16,305,000
Estimated value
64,949 sqft 1.65 AC lot
View details
2500 2nd St, Unit 2359
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 2359
Value Estimation by Request
510 sqft 0.01 AC lot
View details
2500 2nd St, Unit 2345
HOTEL

2500 2nd St, Reno, NV 89595-1200

Unit 2345
Value Estimation by Request
405 sqft 0.01 AC lot
View details

Reno, NV Hospitality Properties Market Trends and Statistics

Explore 72 hospitality properties for sale in Reno, NV on our real estate platform. These investment opportunities span a total of 65,131 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 2
Hotels 1

Demographics Overview

Population 323K
Population Growth (5Y) +7.0%
Median Household Income $87,673
College Educated 32.3%

High-Yield Neighborhoods for Investment

Identify Reno submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
89501 $3.6M

Taxes & Financing

Tax Rate (average for all types) 2.36%
Property Tax per SF $48.20 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washoe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washoe County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

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