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Reno, NV Motels for Sale

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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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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

24-Unit Motel with Pool
24-Unit Motel with Pool

3251 S Carson Street, Carson City, NV 89701

$2,975,000
5,900 sqft 3.52 AC lot

Three-building lodging property includes guest parking, office space, and an outdoor pool.

View details
South Lake Tahoe Dual Motels
South Lake Tahoe Dual Motels

Heavenly and Secrets Inn, 924-930 Park Ave., South Lake Tahoe, CA 96150

$7,500,000
14,644 sqft

Two contiguous motels with 41 total units on Park Ave.

View details
30-Unit Motel With Owner Quarters
30-Unit Motel With Owner Quarters

932 Poplar Street, South Lake Tahoe, CA 96150

$4,500,000
0.48 AC lot

Motel with refreshed guest-room finishes, a fenced sitting area, commercial zoning, and convenient on-site parking.

View details
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.

View details

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

Estimated value:
$320,000
6,756 sqft 0.48 AC lot
View details
1661 6th St
MOTEL

1661 6th St, Reno, NV 89512-3786

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

1200 4th St, Reno, NV 89512-3601

Estimated value:
$400,000
3,022 sqft 0.18 AC lot
View details
895 Virginia St
MOTEL

895 Virginia St, Reno, NV 89501-1030

Estimated value:
$350,000
7,118 sqft 0.29 AC lot
View details
1250 Plumb Ln
MOTEL

1250 Plumb Ln, Reno, NV 89502-3611

Estimated value:
$840,000
32,772 sqft 1.43 AC lot
View details
2760 Virginia St
MOTEL

2760 Virginia St, Reno, NV 89502-4214

Estimated value:
$2,000,000
1,813 sqft 1.93 AC lot
View details
1981 Terminal Way
MOTEL

1981 Terminal Way, Reno, NV 89502-3215

Estimated value:
$13,765,000
161,348 sqft 5.34 AC lot
View details
2795 4th St
MOTEL

2795 4th St, Reno, NV 89512-3801

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

222 Sierra St, Reno, NV 89501-1307

Estimated value:
$1,645,000
6,514 sqft 0.16 AC lot
View details
220 Sierra St
MOTEL

220 Sierra St, Reno, NV 89501

Estimated value:
$1,645,000
6,514 sqft 0.16 AC lot
View details
1750 4th St
MOTEL

1750 4th St, Reno, NV 89512-3700

Estimated value:
$2,240,000
11,558 sqft 0.63 AC lot
View details
941 Virginia St
MOTEL

941 Virginia St, Reno, NV 89502-2415

Estimated value:
$2,910,000
8,080 sqft 0.33 AC lot
View details
844 Virginia St
MOTEL

844 Virginia St, Reno, NV 89501

Estimated value:
$815,000
4,192 sqft 0.32 AC lot
View details
420 Virginia St
MOTEL

420 Virginia St, Reno, NV 89501-1139

Estimated value:
$575,000
7,960 sqft 0.32 AC lot
View details
250 Commercial Row
MOTEL

250 Commercial Row, Reno, NV 89501-1212

Estimated value:
$1,020,000
3,696 sqft 0.11 AC lot
View details
777 Virginia St
MOTEL

777 Virginia St, Reno, NV 89501-2325

Estimated value:
$680,000
8,875 sqft 0.26 AC lot
View details
1885 Virginia St
MOTEL

1885 Virginia St, Reno, NV 89502-3401

Estimated value:
$5,245,000
8,854 sqft 2.83 AC lot
View details
520 University Way
MOTEL

520 University Way, Reno, NV 89501-1010

Estimated value:
$2,715,000
9,492 sqft 0.29 AC lot
View details
61 Park St
MOTEL

61 Park St, Reno, NV 89502-1273

Estimated value:
$1,650,000
4,576 sqft 0.16 AC lot
View details
844 Virginia St
MOTEL

844 Virginia St, Reno, NV 89502-2414

Estimated value:
$570,000
4,673 sqft 0.16 AC lot
View details
1435 4th St
MOTEL

1435 4th St, Reno, NV 89512-3702

Estimated value:
$855,000
5,608 sqft 0.30 AC lot
View details
1607 Virginia St
MOTEL

1607 Virginia St, Reno, NV 89502-2809

Estimated value:
$1,335,000
4,032 sqft 0.46 AC lot
View details
4001 Market St
MOTEL

4001 Market St, Reno, NV 89502-3110

Estimated value:
$8,020,000
11,584 sqft 2.30 AC lot
View details

Reno, NV Motels Market Trends and Statistics

Explore 72 motels for sale in Reno, NV on our real estate platform. These investment opportunities span a total of 9,660 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 2
Motels 2

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
89503 $4M

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)

Property Size Breakdown

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

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