805 Nevada Way Boulder City, NV 89005
- Hospitality properties
- 0.17 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 805 Nevada Way
- Year built
- 1955
- Lot size
- 0.17 lot acres
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
Prime redevelopment opportunity in Boulder City, Nevada. This 0.17-acre corner lot on Nevada Way includes an 11-room hotel and a vintage service station building, both situated in the central business district (C2 zoning). Built in 1955 and renovated in 1980, the property presents significant upside potential for a buyer willing to capitalize on its location and unique character. The hotel's 11 rooms and the service station have not been fully utilized, offering a chance to increase revenue streams. The service station has recently been temporarily leased, highlighting the potential for future income generation. The property is ready for a complete makeover, allowing for a customized approach to renovation and development. This rare opportunity includes two parcels: 805 Nevada Way (APN 186-09-210-003) and 801 Nevada Way (APN 186-09-210-004). The asking price is $1,400,000. The two-story building sits on a highly visible corner lot in a rapidly growing area. This is an exceptional chance to acquire a significant piece of Boulder City's main street.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boulder City
- County
- Clark
- State
- Nevada
- Longitude
- -114.841
- Latitude
- 35.9743
