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The Ormsby House | 600 S Carson Street 2 Properties Offered at $23,190,375 CAD in Carson City, NV

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INVESTMENT HIGHLIGHTS

  • The Ormsby House, a historic Carson City landmark rising eight stories high, presents 184,184 square feet of mixed-use commercial space.
  • Sitting upon 3.66 acres, this property includes two vacant parcels, a seven-story parking garage, and flexible Downtown Mixed-Use zoning.
  • Located adjacent to the State Capitol Complex, The Ormsby House is steps from Nevada's government hub and downtown amenities.
  • Carson City combines business-friendly policies with a prime location near Reno, Lake Tahoe, and abundant outdoor recreation.

EXECUTIVE SUMMARY

The Ormsby House at 600 S Carson Street has been a landmark in Carson City since 1970. The main building has approximately 184,184 square feet of commercial, office, and mixed-use space and 110 hotel rooms across eight stories. The lower basement level features 7,662 square feet of commercial and 1,395 square feet of office. The adjacent seven-story parking garage spans 146,0404 square feet. Two vacant parcels to the south, totaling 0.79 acres, are included in the offering of 3.66 acres.

Downtown Mixed-Use (DTMU) zoning allows for many uses, including hotel/casino, office, multifamily, and retail. Although The Ormsby House has been lovingly maintained over the years, the buyer will need to complete renovations. The main building has all-new mechanical, electrical, and plumbing systems with a newer roof. The Ormsby House qualifies for an unlimited gaming license.

The Ormsby House is adjacent to the State's Capitol Complex, which houses the Governor's Office, the Legislative Building, the Nevada State Supreme Court, the Attorney General's Office, and the Secretary of State Office. Moreover, this mixed-use destination is near the center of Downtown Carson City, which offers many restaurants, retail services, and office uses.

Carson City is a business-friendly community eager to see the property successfully completed and occupied by quality tenants. Carson City is Nevada's State Capitol and is close to Reno and Lake Tahoe. Carson City residents enjoy a great quality of life with numerous outdoor activities such as world-class skiing, golfing, hiking, fishing, mountain biking, backpacking, and boating. Lake Tahoe and Reno are a 20-minute drive away from the complex. This unique offering presents an exceptional opportunity for investors or developers to revitalize a landmark property in the heart of Carson City.

PROPERTY FACTS

Price $23,190,375 CAD
Price / SF $67.72 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 342,440 SF
Total Land Area 3.86 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Ormsby House
600 S Carson St, Carson City, NV 89701
Hospitality 196,400 SF 1972 -
Ormsby House Parking Garage
600 S Carson St, Carson City, NV 89701
Specialty 146,040 SF 1986 -
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  • Listing ID: 22695076

  • Date on Market: 2020-07-21

  • Last Updated:

  • Address: The Ormsby House | 600 S Carson Street, Carson City, NV

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