Las Vegas Hospitality for Sale - South Las Vegas

The Diamond Inn Motel, a historic property rich in legacy and limitless potential, is iconic Las Vegas Strip real estate. Situated on 1.36 acres of premium commercial lot with 237 feet of direct frontage on South Las Vegas Boulevard, this high-visibility site is just steps from the world-famous Welcome to Fabulous Las Vegas sign, seen by over 45 million annual visitors. Strategically positioned only 3 miles from Harry Reid International Airport and offering immediate access to Interstate 15, the property ensures seamless connectivity for both local and international travelers. It is also just a half-mile from Allegiant Stadium, home of the Las Vegas Raiders and host of the 2024 Super Bowl, making it a prime location for sports tourism development and entertainment ventures. With its 48-room layout and nostalgic pink elephant statue, the property offers a unique blend of historic charm and redevelopment potential. The Diamond Inn Motel is zoned H-1 Commercial Resort, making it ideal for a luxury hotel, high-rise development, casino resort, or entertainment complex. Located in one of the fastest-growing metro areas in the United States—the Henderson-Paradise-Las Vegas region—the population is projected to nearly double by 2060, driving demand for hospitality, retail, and entertainment infrastructure. The area is also experiencing major corporate expansion from industry leaders such as Tesla, Amazon, Apple, Switch, and Haas Automation, further boosting its economic vitality. Consumer spending in the immediate vicinity is staggering. Within a 5-mile radius, the annual expenses exceed $5 billion on food and alcohol and $2.5 billion on entertainment and hobbies. This spending is fueled by the area's high visitor count and traffic volume, with over 50,000 vehicles passing daily on South Las Vegas Boulevard. The Diamond Inn Motel presents a rare development opportunity in the heart of Las Vegas’ booming hospitality and entertainment corridor. Suited for a visionary developer, a hospitality brand, or a commercial investor, this property offers unmatched potential to create a skyline-defining project in one of the world’s most dynamic real estate markets.

Property Subtype:

Hotel

Date on Market:

2025-09-05

Las Vegas Land for Sale - South Las Vegas

Prime ±3.83-acre infill development opportunity located atop Mesa Ridge in a supply-constrained submarket. Zoned R-4, allowing multi-family residential development, with conceptual plans available. The site benefits from strong access to Russell Road and Interstate 515 and is surrounded by established residential neighborhoods. Due to its elevated position on Mesa Ridge, the property offers unique, sweeping panoramic views of the Las Vegas Valley and city skyline that may enhance residential design and unit orientation.

Property Subtype:

Residential

Date on Market:

2026-02-03

Reno Hospitality for Sale - Downtown

A Fully Executed Boutique Asset in a Supply-Constrained Reno Market The Lucky Motel was recently acquired and taken through a top-to-bottom renovation, repositioning it into what is arguably the nicest boutique-style motel in Reno. From the curb, the property presents with clean lines, modern finishes, and a polished, intentional look. Inside, all 23 rooms — approximately 350 SF each — were fully modernized with upgraded systems, fixtures, and finishes, delivering a level of quality that clearly separates this asset from anything else in its competitive set. That execution has translated directly into performance. The property is 100% occupied, and post-renovation rent increases were achieved without resistance — a clear signal that the market values the improvements and is willing to pay for them. The renovation focused not just on appearance, but on creating a materially better living experience, resulting in stronger demand, higher tenant retention, and a more durable income stream. From an investment standpoint, the appeal is straightforward. Reno is facing a well-documented shortage of attainable housing, particularly for clean, well-located accommodations of this size and quality. The Lucky Motel offers immediate, stabilized cash flow, minimal near-term capital risk, and multiple long-term paths forward — hold as a high-performing boutique lodging asset, operate as an extended-stay model, or position for hybrid residential use. It’s a simple, fully executed property in a supply-constrained market — exactly the kind of asset investors look for when they want both income today and flexibility tomorrow. LOCATION & MARKET HIGHLIGHTS The Lucky Motel is located along East 4th Street, within Reno’s rapidly evolving Brewery District—an infill corridor undergoing sustained cultural, residential, and commercial revitalization. Historically a legacy industrial and lodging area, East 4th Street has transitioned into one of Reno’s most active adaptive-reuse corridors, attracting breweries, creative studios, neighborhood retail, and small-format urban housing. Continued public and private investment has materially improved the corridor’s perception, walkability, and long-term positioning. Reno and Washoe County continue to benefit from diversified economic growth, supported by technology, advanced manufacturing, logistics, healthcare, and higher education. Major regional employers—including Tesla, Panasonic, Switch, Google, Renown Health, and the University of Nevada, Reno (UNR)—drive sustained demand for attainable housing and extended-stay accommodations throughout the urban core. These employment drivers funnel directly into infill neighborhoods such as East 4th Street, where proximity, affordability, and unit efficiency remain highly valued. From a housing standpoint, the Reno metro is projected to require more than 15,000 additional housing units over the next decade, with the greatest demand concentrated in small-format, attainable product. Recent market data reflects approximately 6% year-over-year rent growth, with renovated assets consistently outperforming legacy stock. Within this context, renovated micro-units and boutique extended-stay properties have demonstrated outsized demand and resilience, supported by workforce renters, students, healthcare professionals, and service employees. The Lucky Motel’s location offers immediate access to Downtown Reno, Midtown, UNR, Renown Health, transit routes, and major arterials, while remaining positioned within a corridor benefiting from long-term reinvestment momentum. This combination of urban connectivity, supply constraints, and demonstrated tenant demand provides a durable foundation for both current cash flow and long-term value support.

Property Subtype:

Hotel

Date on Market:

2026-01-23

Lovelock Hospitality for Sale

I am pleased to present the Lovelock Nugget Motel. A recently renovated 17 room motel. Occupancy is increasing as mining activity picks up. Recent property upgrades including new roof, new windows, new stucco and new exterior paint. Proforma Cap Rate 6.25% About half of the units have been remodeled inside as well. The Brookwood Motel (9 rooms) and RV Park (41 Spaces) is also available for sale with the Lovelock Inn that has 37 rooms. The Lovelock Inn also has a restaurant that could be opened or leased out. Portfolio Sale In Lovelock: - 55 Cornell ave, $2,500,000 - 205 Cornell, $1,800,000 - 515 Cornell , $1,200,000 (vacant and under renovation)

Property Subtype:

Hotel

Date on Market:

2024-08-22

Lovelock Hospitality for Sale

I am pleased to present the Lovelock Inn for sale in Lovelock, NV. A great investment opportunity comprised of a 37 rooms motel called Lovelock Inn. Property also has a restaurant that could be opened or leased out. Occupancy is increasing as mining activity picks up. Recent property upgrades including new roof, windows and exterior paint. Proforma Cap Rate 7.45% The Lovelock Inn is also available for sale with the Lovelock Nugget Motel that has 17 rooms and It also includes the Brookwood Motel and RV Park that has 41 mobile home spaces and a 9 room motel. Portfolio Sale In Lovelock: - 55 Cornell ave, $2,500,000 - 205 Cornell, $1,800,000 - 515 Cornell , $1,200,000 (vacant and under renovation)

Property Subtype:

Hotel

Date on Market:

2024-08-22

Lovelock Multifamily for Sale

I am pleased to present the Brookwood Motel & Rv Park portfolio for sale in Lovelock, NV. The property has 41 mobile home spaces and a 9 room motel situated on 4 acres. The property could easily start accepting RV rentals for the active mining community that travels in trailers. Proforma Cap Rate 8.61% Property has recently been renovated including new roof, new windows, new stucco and new paint. The Brookwood Motel and RV Park is also available as a portfolio with the Lovelock Inn comprised of a 37 rooms motel. The Lovelock Inn also has a restaurant that could be opened or leased out together with the Lovelock Nugget Motel that has 17 rooms. Portfolio Sale In Lovelock: - 55 Cornell ave, $2,500,000 - 205 Cornell, $1,800,000 - 515 Cornell , $1,200,000 (vacant and under renovation)

Property Subtype:

Mobile Home Park

Date on Market:

2024-08-22

Las Vegas Land for Sale - Central East Las Vegas

- ±0.48-acre vacant land parcel -APN: 162-13-501-003 - Currently improved as a 7-space parking lot that could be developed for a new commercial project - Excellent direct frontage & visibility along Desert Inn Road with ±37,500 CPD - Zoned General Commercial (CG), Clark County

Property Subtype:

Commercial

Date on Market:

2025-12-09

Las Vegas Hospitality for Sale - Central East Las Vegas

Centennial Advisers is pleased to present the Tod Motor Inn, a 41-room hotel opportunity offered at $9,000,000, or an attractive $219,512 per room. This asset is strategically located on Las Vegas Boulevard, placing it directly in the path of The Arts District’s rapid cultural and economic transformation, offering investors a prime position in a dynamic redevelopment corridor. The property presents significant revenue potential, with pro forma analysis indicating a potential gross annual income of $854,400 by achieving market rates of $400 per week. Investors have the flexibility to acquire the property turnkey for immediate cash flow or as-is, allowing for a custom value-add repositioning to capture the area's increasingly upscale demographic. The investment is underpinned by $150 million in recent public infrastructure spending, including the $120M Las Vegas Boulevard Improvement Project. This modernization effort has delivered smart city infrastructure, enhanced pedestrian access, and beautification, directly supporting long-term asset appreciation and increased commercial viability for the entire district. The Tod Motor Inn represents a rare opportunity to acquire a hospitality asset poised to benefit from an emerging entertainment ecosystem, including new venues like Atomic Golf. This property offers investors exposure to Las Vegas's most authentic district with significant upside through renovation and strategic management, capitalizing on unprecedented local investment.

Property Subtype:

Hotel

Date on Market:

2025-12-04

Elko Hospitality for Sale

The property is a 63-key, two-story, independent hospitality asset currently operating as Stay Express Inn / Budget Inn. Built in 1945 and extensively renovated in 2024, the motel consists of 25,593 SF situated on 0.90 acres (APN: 001-292-001). The asset offers surface parking, highly functional room layouts, and an efficient two-building footprint. Positioned along Elko’s primary corridor—Idaho Street—the property benefits from strong visibility, steady mining-driven demand, and close proximity to the airport, downtown, and regional event venues.

Property Subtype:

Hotel

Date on Market:

2025-12-03

Reno Hospitality for Sale - Downtown

The asset consists of two distinct buildings, offering 75 keys and 50 keys respectively. Both buildings feature separate entrances and dedicated elevator systems allowing for operational independence. One side has a Bar underneath it and the other building has a Convenience store. Ownership is amenable to a SPLIT SALE, with each building available individually. The presence of Renaissance, a boutique hotel's advantageous placement together with the Automobile museum located directly across this property makes this site exceptionally well suited for a luxury high value development.

Property Subtype:

Hotel

Date on Market:

2025-12-02

Boulder City Hospitality for Sale - Outlying S Clark County

Lake Mead Inn presents a rare opportunity to acquire one of Boulder City’s largest hospitality assets, ideally positioned just minutes from Hoover Dam and Lake Mead—two of the region’s strongest year-round tourism drivers. The property offers a substantial ±42,537 SF multi-story hotel situated on ±5.97 acres, providing both stable existing operations and significant upside potential through renovation, repositioning, or additional development on the expansive site. Boulder City’s unique no-gaming environment attracts families, tourists, and outdoor recreation visitors seeking a quieter alternative to Las Vegas, while its strong drive-market demand continues to support steady occupancy. With its large lot, excellent visibility, and proximity to major regional attractions, Lake Mead Inn is well-suited for investors seeking a reliable hospitality asset with multiple avenues for future value creation.

Property Subtype:

Hotel

Date on Market:

2025-11-18

Elko Land for Sale

Prime commercial lot located on Spruce Road in the heart of Elko's growing retail corridor. This 0.77-acre parcel offers excellent visibility and accessibility, situated directly behind major national retailers and adjacent to a well-established hotel, making it ideal for a variety of commercial or hospitality uses. The property is zoned Commercial (C), allowing for flexible development options such as retail, office, or service-oriented businesses. With strong traffic counts, nearby amenities, and a central location within one of Elko's most active commercial areas, this parcel presents a valuable opportunity for investors or developers seeking exposure and long-term growth potential. Utilities are nearby, and the surrounding area continues to see steady commercial expansion

Property Subtype:

Commercial

Date on Market:

2025-10-15

Wells Hospitality for Sale

This property has not been operational for the past 5 years it was at one time one of the great motels in Wells, NV. has a great location with renovation or redevelopment opportunities. Amazon just built a distribution center in Wells creating 100 jobs this is a prime piece of real estate in a prime location available at a steal of a price.

Property Subtype:

Hotel

Date on Market:

2025-10-07

Reno Land for Sale - S Outlying Washoe County

Property Subtype:

Commercial

Date on Market:

2025-09-19

Pahrump Land for Sale

Outstanding Commercial Opportunity Awaits With This 2 Acre Corner Property Zoned General Commercial With Power & Public Water Already At The Property Line~~~4200 N. Highway 160 Is Perfectly Situated In The Heart Of This Growing Northern Area Of Pahrump & Located 5 Minutes From The Center Of Town~~~The Adjoining Property At 4220 N. Highway 160 Is Also Available &, Combined, They Offer 4 Fabulous Acres For Your Commercial Project~~~No Commercial Well Or Water Rights Needed For This Property, Public Water Lines Are Available At The Property Along With Power & It Is Zoned For Septic~~~This Corner Parcel Offer Access On Both Munsell Way & Highway 160 & The Possibilities For This & The Adjoining Parcel Are Tremendous~~~This Will Be The Home For A Prime Project, Do Not Let This One Get Away & Lock It In Today!

Property Subtype:

Commercial

Date on Market:

2025-09-08

Battle Mountain Portfolio of properties for Sale

This Battle Mountain Gaming & Hospitality 6-property portfolio, offered at $8.8M, delivers high cash flow with substantial value-add and redevelopment potential. With a blended 17.89% cap rate and consistent EBITDA performance, this diversified hospitality package offers a rare opportunity for investors seeking both income and upside. Properties include two casinos, two motels, one commercial building, and one parking lot in downtown Battle Mountain, a market poised for long-term growth due to major infrastructure and mining projects Financials - Pro Forma Adjusted EBITDA (2023): $1.57M - Cap Rate: 17.89% - 3-Year Average Adjusted EBITDA (2021–2023): $1.72M - Adjustments include rent, depreciation, and PPP forgiveness normalization Strategic Location - Located in the heart of downtown Battle Mountain - Proximity to I-80 and Union Pacific rail lines - Benefiting from the $2.2B Thacker Pass Lithium Mine project (~50 miles away) - $5.6M infrastructure investment approved in 2025 - Tourism and business growth driving increased hospitality demand Local Infrastructure Update: Lander County has advanced the Battle Mountain rail spur project through all five approval stages with Union Pacific. Groundbreaking is expected within 4–6 weeks. Once complete, the spur will be listed on Union Pacific’s system as a development-ready site, positioning Battle Mountain for new industry and long-term economic growth. *For Data Room Access, NDA required*

Property Subtype:

Mixed Types

Date on Market:

2025-09-08

Winnemucca Retail for Sale

Retail, commercial building located on Winnemucca Blvd. Commercial hub area with a motel, casino, hardware, mini-mall and other businesses near by. Property is less than 1/2 mile from Interstate 80 exit. Currently two (2) tenants, Hair Salon and Restaurant. The restaurant has been a Winnemucca mainstay for years and continues to to be so. Major traffic area for locals and visitors as well. Outstanding business visibility and easy, central location/access. Please note expense, CAP are estimates. Updated profit and loss to be provided.

Date on Market:

2025-09-08

Las Vegas Land for Sale - West Las Vegas

Located at the SWC of Desert Inn Road and Procyon Street with traffic counts of 53,000/day. Just 1.2 miles west of the Fashion Show Mall, Treasure Island Hotel, Wynn Hotel and Palazzo Hotel. Priced below replacement cost!! With recent sales comps of the land in the immediate area at $2,900,000/ac. Prime "In-Fill" parcel master planned (EM Entertainment Mixed Use) which includes Hotel/Casino, High Rise Residential, Entertainment Venue and Retail. The subject property is strategically located between "Area 15" with the "Universal Studios Experiences" project and 1 block to the South is "China Town" on Spring Mountain Rd. It sits on a 4.07 acre lot with 289 parking spaces and 318 feet of frontage on Desert Inn Road and 505 feet of frontage on Procyon Street. The property has iron fencing on the exterior property lines. The property is also part of the "Opportunity Zone", offering potential tax benefits and liberal zoning uses. NOTE: Seller financing may be available to qualified investors.

Property Subtype:

Commercial

Date on Market:

2025-09-04

Imlay Land for Sale

The Johnson Group is proud to present an exceponal leasing opportunity: from 1/2 acre up to 93.7 acres of General Commercial (GC) zoned land, ideally situated with direct I-80 frontage. Located adjacent to the high-traffic TA (TravelCenters of America) truck stop, this flat, parally improved property offers excellent ingress and egress for trucks and heavy equipment. Graveled areas are ready for immediate use, making it an ideal site for: * Semi-truck parking * Heavy equipment staging * Outdoor storage * Logiscs and mulpurpose commercial use Don’t miss this rare opportunity to secure flexible land space in a high-visibility, high- access locaon ideal for transportaon and industrial operaons.

Property Subtype:

Commercial

Date on Market:

2025-08-22

Elko Hospitality for Sale

Seize the opportunity to own a proven hospitality performer in the thriving heart of Elko, Nevada. The Days Inn Elko combines strong brand recognition, high visibility, and consistent occupancy, making it an attractive acquisition for seasoned hotel operators or first-time investors. Strategically located just off I-80, the property benefits from steady traffic from business travelers, tourists, and transient guests. Elko is a hub for mining, outdoor recreation, and cultural events, ensuring year-round demand. This listing is being offer by KW VIP Keller Williams Realty, NAID VPRLST2232 B.4670.

Property Subtype:

Hotel

Date on Market:

2025-08-11

Las Vegas Office for Sale - Central East Las Vegas

Medical or Professional CONDO Office Space with Built-In Rental Income – 10% Down SBA Financing Available! Ideal for medical, dental, real estate, or insurance professionals, this versatile property features 14 private offices, exam rooms, or treatment areas—perfect for a growing practice or business. THIS CONDO IS SELLING FOR 50% LESS THAN OTHER CONDOS IN THE LAS VEGAS MARKET. Located at 3650 S Eastern Ave suite #100, between Flamingo and Desert Inn, this centrally located building offers excellent visibility and accessibility in a high-demand area. - Can be purchased with 2 adjoining rented office buildings – existing tenants help cover most of the mortgage - SBA loan eligible with as little as 10% down and long-term, stable financing - A rare opportunity to own your workspace while earning rental income from neighboring units - Ideal for owner-users looking to invest in their future with minimal out-of-pocket cost Ready to grow your business and build equity? This is a smart investment you don’t want to miss. Contact Josh 702-742-1234 today for details or to schedule a private tour

Property Subtype:

Medical

Date on Market:

2025-07-18

Fernley Land for Sale - Lyon County

Two Prime Development Parcels located in Fernley, Nevada. Located at the entrance to a residential subdivision, one block from the regional high school. Near SAMGAR Airfield, part of an opportunity zone geared to be developed in conjuction for use by those with facilities in the Truckee River Industrial Center. The U.S. Highway 95-A location is on the well travelled corridor between Las Vegas and Reno, connecting to Interstate 80 only three miles from these parcels. Please review the Offering Memorandum for more details on this opportunity.

Property Subtype:

Commercial

Date on Market:

2025-07-11

Minden Land for Sale - Douglas County

The property is currently operated as a recreation water ski lake under a special use permit. The lake is fed by a highly productive agricultural well, maintaining full water levels year-round with surplus capacity. The property also includes a well-maintained 5-bedroom, 3-bath home with a 2-car garage — ideal as a full-time residence, guest lodge, or operational base. There are a ton of different uses possible for this property. Expanded business uses, agricultural potential, private lake and get-a-way, the groundwork is there to make this property your own!

Property Subtype:

Residential

Date on Market:

2025-06-10

Fernley Land for Sale - N Outlying Washoe County

Multiple Parcels across 3 county's available for sale.

Property Subtype:

Industrial

Date on Market:

2025-06-06