100 N E St - Hospitality FOR SALE


Virginia City, NV 89440
$9,900,000 USD
775-338-3844
100 N E St, Virginia City, NV for Sale
$9,900,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

100 N E St
Virginia City, NV 89440


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,900,000 USD

PRICE/SF

$243 USD /SF

# OF ROOMS

68

PRICE/ROOM

$145,588 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Silverland Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2006

PARKING SPACES

124

LAND DETAILS

LAND ACRES

12.62 AC

LAND SF

549,727 SF

ZONING

CR

APN/PARCEL ID

001-152-04,001-158-00

ASK ABOUT THIS PROPERTY

Carole BrillResource Management and Development IIMore Info
775-338-3844

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Carole BrillResource Management and Development IIMore Info
775-338-3844

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.