600 Carson StCarson City, NV 89701
- Other commercial real estate
- 6,177 SF
Property Details for 600 Carson St
- Year built
- 1959
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 6,177 SF
- Zone code
- P
- Property type
- Other commercial real estate
- APN
- 003-283-07
- APU
- 328307
Description
The Ormsby House, a prominent Carson City landmark at 600 S Carson St, presents a unique investment opportunity. This 184,184 square foot, two-building property, built in 1970 with ongoing renovations, offers 110 units and 400 parking spaces. The main building, approximately 100,000 square feet, features eight stories of rooms, offices, and mixed-use areas. An adjacent seven-story parking garage adds another 146,404 square feet. The basement includes 7,662 square feet of commercial space and 1,395 square feet of office space. Two additional vacant parcels totaling approximately 0.79 acres are included. The property is zoned DTMU (Downtown/Mixed Use), allowing for diverse uses including hotel/casino, office, multi-family, and retail. New mechanical, electrical, and plumbing systems, along with a newer roof, have been installed. The property is eligible for an unlimited gaming license. Its location adjacent to the Nevada State Capitol Complex and downtown Carson City provides exceptional access to government offices, amenities, and a business-friendly environment. The property's proximity to Reno and Lake Tahoe further enhances its appeal. The asking price is $16,750,000 ($90.94/sq ft). This represents a significant opportunity to revitalize a key Carson City asset.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,410,932
- Hospitality
- $1,292,407
- Educational
- $1,075,267
- Medical
- $1,112,247
- Retail
- $1,672,638
Location Insight
- City
- Carson City
- County
- Carson City
- State
- Nevada
- Latitude
- 39.1677
- Longitude
- -119.767
- CBSA code
- 16180
- CBSA name
- CARSON CITY, NV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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