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129 N 8th St Las Vegas, NV

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Hotel with annex parcels in downtown Las Vegas Opportunity Zone.

Type:HOSPITALITY
Property size:
59,392 SF
Lot size:
0.67 Acres
Price / SF:
$185/SF
Added:
Jul 18, 2023
Days on Market:
1015
Last Refresh:
Apr 5 at 9:02 pm

Property Features for 129 N 8th St

General Information

Standard status
Active
Size
59,392 SF
Lot size
0.67 Acres
Property subtype
HOSPITALITY

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Listing Contact
Cathy Jones
Cathy Jones

Listing agent Cathy Jones

Listing office Logic Commercial Real Estate | Las Vegas

Listing date Jul 18, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Logic Commercial Real Estate | Las Vegas


Overview

Downtown Las Vegas Hotel Opportunity

The Downtowner Boutique Hotel, located in an Opportunity Zone in downtown Las Vegas, features 125 limited-service hotel rooms on approximately 0.82 acres. Situated on the southwest corner of E. Ogden Avenue and N. 8th Street, the property includes the Main Building at 129 N. 8th Street, the Wylde at 121 N. 8th Street, and a 0.15-acre rectangular parking lot at 100 N 7th Street, accommodating up to 19 parking spots. Hotel amenities include Wi-Fi in all rooms, express check-in/check-out, a fitness center, and a 6-hole mini golf course in the courtyard. Significant capital expenditures were made to upgrade the Fairway rooms in the Main Building in 2018/2019 and the Wylde rooms in 2024. An additional offering includes a closed, 41-room, 2-story Annex Building on approximately 0.16 acres at 110 N. 8th St. and a parking lot on approximately 0.48 acres at 108 N. 8th St., formerly part of The Downtowner. Also included is a closed, 11-unit, 2-story apartment building with a pool on approximately 0.16 acres at 120 N. 8th St. and a parking lot on approximately 0.16 acres at 124 N. 8th St., plus an undeveloped corner lot on approximately 0.16 acres at the northeast corner of N. 8th St. and Fremont St. with an address of 800 Fremont St. The total property size is 59392 square feet. The annex parcels require significant repairs. The total rooms are 166, with 125 operating hotel rooms, 41 non-operating hotel rooms, and 11 non-operating apartments.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Downtowner Boutique Hotel Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Las Vegas
County
Clark
State
Nevada
Longitude
-115.137
Latitude
36.1686

FAQs

What type of property is this?
Hotel - Hotel with annex parcels in downtown Las Vegas Opportunity Zone.
Where is this hotel located?
The property is located at 129 N 8th St Las Vegas, NV.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Located in an Opportunity Zone in downtown Las Vegas; Features **125 operating hotel rooms** with limited service; Includes additional annex parcels with redevelopment potential: a closed 41‑room building, a closed 11‑unit apartment building, and an undeveloped corner lot
(702) 595-8765 Call to check price and availability
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