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For Sale

200 mill street

200 Mill St,
Reno, NV 89501

Asset Snapshot

Mixed-Use
Hospitality Subtype
1966
Year Built
5
Floor Count
1
Building Count
0.32 Acres
Land Area

Offering Summary

Investment Overview

200 Mill Street presents an opportunity to acquire a 42,351 SF hospitality asset configured with 125 units in Reno. Built in 1966, the five-story property offers substantial scale for investors seeking a select service hotel with an established physical presence and operational footprint. The asset consists of a single building and is zoned MD-RD. Its size, unit count, and hospitality use position it as a compelling investment for buyers focused on lodging properties with meaningful room inventory. 200 Mill Street offers a straightforward value proposition centered on existing improvements, efficient vertical layout, and a recognized hospitality format suited for continued operation or strategic repositioning.


Investment Highlights

  • 42,351 SF hospitality building
  • 125-unit select service investment opportunity
  • Single-building asset
  • Five-story property
  • Built in 1966
  • Zoned MD-RD
  • Hospitality property in Reno
  • Existing hotel configuration
  • Institutional-scale room count
  • Established operating format
  • Commercial hospitality asset
  • Positioned for hospitality investors

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$12,000,000
Asking Price

Investment Sales Broker

Alex Rodriguez
SVN | Sky West Real Estate Services

Market Insights