Reno Midtown Motel
For Sale
Contact for pricing
599 S Center St, Reno, NV 89501
35-room motel in Reno's Midtown District for sale.
Property Size9,660 SF
Lot Size0.45 Acres
Price / SF$336.44
Days on Market1053
Property Features for 599 S Center St
General Information
Standard status
Active
Size
9,660 SF
Lot size
0.45 Acres
Property subtype
Hospitality
Zoning
MU-MC (MIxed-use Midtown Commercial
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$144,929
Building Details
Year Built
1958
Buildings
1
Stories
2
Listing Agency:
Dickson Commercial Group
Listed By:
Gerrit Hillebrand · License #NV S.186721
(775) 850-3066
Source:
Crexi
Added: Oct 18, 2023
Changed: Aug 22
Last Checked: Aug 31 at 1:39AM
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 Dickson Commercial Group
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,375
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 89501, NV
3,948
Population
2,975
Households
1.3
Avg Household Size
50
Median Age
40%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
6,580
Density / Sq Mi
$32,990
Median Household Income
$28,774
Median Earnings
$1,089
Median Rent
$379,800
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
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.
