435 9 St Lovelock, NV 89419
- Commercial real estate
- 4,869 SF
- 0.39 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 435 9 St
- Year built
- 1939
- Lot size
- 0.39 lot acres
- Property size
- 4,869 SF
- Property type
- Commercial real estate
Description
This exceptional 4,869 square foot commercial property, situated on a 0.39-acre lot (17,124+ square feet) in the heart of Lovelock, Nevada, presents a unique investment opportunity. The well-known Desert Haven Motel boasts 20 rooms, an office, and ample parking. The property comprises two buildings, offering flexibility for future development. Several rooms include kitchens, adding to the property's versatility. The City of Lovelock has confirmed the property's suitability for continued operation as a motel or conversion into apartments, providing a range of potential uses for the discerning investor. This classic Americana motel is ready for renovation and modernization, allowing the new owner to enhance its appeal and profitability. The property's central location in Lovelock ensures high visibility and accessibility, making it an attractive proposition for both short-term and long-term investment strategies. The existing infrastructure provides a solid foundation for immediate occupancy or redevelopment, presenting a compelling opportunity to capitalize on the growing demand for lodging and residential options in the area. The asking price of $395,000 reflects the significant potential of this property. This is a rare chance to acquire a well-established commercial property with diverse development possibilities in a thriving Nevada community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lovelock
- County
- Pershing
- State
- Nevada
- Longitude
- -118.477
- Latitude
- 40.1791