1515 N Carson St - Hospitality FOR SALE


Carson City, NV 89701
$888,000 USD
775-901-0704
1515 N Carson St, Carson City, NV for Sale
$888,000 USD
Hospitality - FOR SALE
1/32
null | Request Cap Rate

1515 N Carson St
Carson City, NV 89701


HIGHLIGHTS

  • High-visibility Carson City location, positioned along main commercial corridor
  • Boutique motel scale with updated units
  • Existing on-site parking

OVERVIEW

—An Opportunity with Community Impact— A flexible commercial site with potential to support evolving housing and accommodation needs— Positioned in the heart of Carson City along one of its most visible commercial corridors, 1515 N Carson Street presents a rare opportunity to reimagine a small boutique motel with meaningful upside. Known as the Ormsby Inn, the single-story property includes seven units within approximately 2,832 square feet on a 6,534 square foot parcel, with paved parking, public utilities, and direct frontage in the downtown area. Built in 1949, the site offers a compelling foundation for an investor, entrepreneur, or community-minded buyer seeking a project with both practical value and long-term vision. Beyond motel use, it offers potential with purpose. In a market where attainable housing and flexible accommodation remain important, 1515 N Carson Street invites consideration as a boutique hospitality asset, extended-stay concept, or potential workforce housing opportunity, subject to buyer verification and any required approvals. Its modest scale makes it approachable, while its location and existing layout suggest a range of future possibilities for those with imagination and purpose. For the right buyer, this is more than a commercial acquisition, it is a chance to create something useful, needed, and enduring within the fabric of Carson City.

FOR SALE DETAILS

PRICE

$888,000 USD

PRICE/SF

$314 USD /SF

# OF ROOMS

7

PRICE/ROOM

$126,857 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ormsby Inn

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

undefined, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1941

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RC

APN/PARCEL ID

002-131-01

ASK ABOUT THIS PROPERTY

Jean MerkelbachEngel & Volkers Lake TahoeMore Info
775-901-0704

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

Jean MerkelbachEngel & Volkers Lake TahoeMore Info
775-901-0704

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