599 S Center St Reno, NV 89501

Building Details

Year Built

1958

Listing agency Dickson Commercial Group Show Phone

Listed by Gerrit Hillebrand · License #NV S.186721

Source Crexi

Added: Oct 18, 2023 Updated: Jul 6 at 7:48AM Checked: Jul 20 at 4:24AM

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Investment Insights

Based on property information with market context.

The Vacation Motor Lodge, constructed in 1958, is a motel lodge located in the heart of Reno’s Midtown District. The property spans 0.45 acres and is zoned for Mixed-Use, presenting an opportunity for repositioning and redevelopment. The property features 35 rooms and currently has 94.3% occupancy. The motel is located one block away from Virginia Street, Reno’s main thoroughfare, and features convenient access to Midtown’s restaurants, retail shops, bars, and coffee shops.

Key Highlights

• 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.

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Similar Off Market Nearby

• Ho Hum Motel — 1025 S Virginia St #2417, Reno, NV 89502
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FAQs

What type of property is this?

Motel - 35-room motel in Reno's Midtown District for sale.

Where is this motel located?

The property is located at 599 S Center St Reno, NV.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: 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.