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Silverland Inn & Suites 100 N E St 68 Room Hotel Virginia City, NV 89440 $13,686,751 CAD ($201,276 CAD/Room)
EXECUTIVE SUMMARY
A Rare Opportunity with Historic Charm
Silverland Inn & Suites is a once-in-a-generation opportunity — this property has not been on the market since it was originally built, and the current owner is only the second steward of this iconic inn. Much like the spirit of Virginia City itself, the property carries a sense of authenticity, heritage, and pride of place that can’t be replicated. With its strong tourism draw and historic character, this is more than just a hotel — it’s a chance to own a true piece of Nevada’s living history while enjoying the benefits of a proven investment property.
Investment Highlights
• Largest hotel property in historic Virginia City
• Prime tourist destination with year-round events and 2M+ annual visitors to the Comstock Historic District
• On-site restaurant/bar & event space
• Walkable to Piper’s Opera House, The Way It Was Museum, St. Mary’s in the Mountains Church and many other local attractions
• Located in Storey County, one of Nevada’s most business-friendly counties with no corporate income tax, no personal income tax, and pro-growth regulatory environment
• Just 20 minutes to Tahoe-Reno Industrial Center (TRI) — home to Tesla, Google, Switch, Blockchains, Walmart, and dozens of Fortune 500 operations, fueling both corporate travel and long-term regional economic expansion
• Asking price is well below current replacement cost, making this an attractive hospitality investment with both upside and insulation against future construction inflation
Property Overview
• Parking: Free on-site surface parking
• Event Space: Ballroom / conference center, ideal for weddings, corporate retreats, and community events
• Other Amenities:
o Lobby lounge
o Gift shop
o Terrace and garden
o Laundry facilities
o Bar/restaurant facilities (fully renovated with new equipment)
• Heart of Virginia City’s historic district
• Market area: 25 minutes from Reno / 40 minutes from Lake Tahoe
• SubMarket area: Storey County Tri-Center, Carson City, Northern Nevada
• Surrounded by shops, museums, saloons, and tourist attractions
• 2M+ annual visitors – peak during Hot August Nights, Camel Races, Street Vibrations, and Christmas on the Comstock
Financials to be provided upon receipt of NDA and proof of funds. Contact Listing Agent for details.
Silverland Inn & Suites is a once-in-a-generation opportunity — this property has not been on the market since it was originally built, and the current owner is only the second steward of this iconic inn. Much like the spirit of Virginia City itself, the property carries a sense of authenticity, heritage, and pride of place that can’t be replicated. With its strong tourism draw and historic character, this is more than just a hotel — it’s a chance to own a true piece of Nevada’s living history while enjoying the benefits of a proven investment property.
Investment Highlights
• Largest hotel property in historic Virginia City
• Prime tourist destination with year-round events and 2M+ annual visitors to the Comstock Historic District
• On-site restaurant/bar & event space
• Walkable to Piper’s Opera House, The Way It Was Museum, St. Mary’s in the Mountains Church and many other local attractions
• Located in Storey County, one of Nevada’s most business-friendly counties with no corporate income tax, no personal income tax, and pro-growth regulatory environment
• Just 20 minutes to Tahoe-Reno Industrial Center (TRI) — home to Tesla, Google, Switch, Blockchains, Walmart, and dozens of Fortune 500 operations, fueling both corporate travel and long-term regional economic expansion
• Asking price is well below current replacement cost, making this an attractive hospitality investment with both upside and insulation against future construction inflation
Property Overview
• Parking: Free on-site surface parking
• Event Space: Ballroom / conference center, ideal for weddings, corporate retreats, and community events
• Other Amenities:
o Lobby lounge
o Gift shop
o Terrace and garden
o Laundry facilities
o Bar/restaurant facilities (fully renovated with new equipment)
• Heart of Virginia City’s historic district
• Market area: 25 minutes from Reno / 40 minutes from Lake Tahoe
• SubMarket area: Storey County Tri-Center, Carson City, Northern Nevada
• Surrounded by shops, museums, saloons, and tourist attractions
• 2M+ annual visitors – peak during Hot August Nights, Camel Races, Street Vibrations, and Christmas on the Comstock
Financials to be provided upon receipt of NDA and proof of funds. Contact Listing Agent for details.
PROPERTY FACTS
| Price | $13,686,751 CAD | Building Size | 40,700 SF |
| Price Per Room | $201,276 CAD | No. Rooms | 68 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2006 |
| Property Subtype | Hotel | Parking Ratio | 3.07/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 12.62 AC | Opportunity Zone |
Yes
|
| Zoning | CR - • Zoning: Commercial – Hospitality / Tourism District • Type: Hospitality / Hotel & Event Venue | ||
| Price | $13,686,751 CAD |
| Price Per Room | $201,276 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 12.62 AC |
| Building Size | 40,700 SF |
| No. Rooms | 68 |
| No. Stories | 3 |
| Year Built | 2006 |
| Parking Ratio | 3.07/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | CR - • Zoning: Commercial – Hospitality / Tourism District • Type: Hospitality / Hotel & Event Venue |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Spa
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $185.26 CAD | - |
| Guest Room | 60 | $143.78 CAD | - |
PROPERTY TAXES
| Parcel Number | 001-152-04 | Improvements Assessment | $1,306,531 CAD |
| Land Assessment | $501,987 CAD | Total Assessment | $1,808,518 CAD |
PROPERTY TAXES
Parcel Number
001-152-04
Land Assessment
$501,987 CAD
Improvements Assessment
$1,306,531 CAD
Total Assessment
$1,808,518 CAD
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Silverland Inn & Suites | 100 N E St
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