702-340-9490
217 Las Vegas Blvd, Las Vegas, NV for Sale
Hospitality - FOR SALE
1/5
null | Request Cap Rate

217 Las Vegas Blvd
Las Vegas, NV 89101


HIGHLIGHTS

  • Rare Boutique Hotel & Gaming Acquisition Opportunity
  • Highly-Coveted Non-Restricted Nevada Gaming License
  • Irreplaceable Location on Las Vegas Blvd. in the Heart of Downtown Las Vegas
  • One Block from the Fremont Street Experience w/ 26MM Visitors Annually
  • High-Growth Submarket Surrounded by New Developments
  • Located within a Qualified Opportunity Zone

OVERVIEW

On behalf of the Tony Hsieh Estate (“Ownership”), LOGIC Commercial Real Estate (“Broker”) is pleased to present the exclusive opportunity to acquire the iconic Gold Spike and Oasis hospitality and entertainment properties (the “Properties”) located in the heart of Downtown Las Vegas. The two adjacent Properties operate as one boutique hotel with a combined +/-130 rooms currently, as well as a 24/7 bar and nightlife venue. The Gold Spike has been operating without gaming; however, Ownership has preserved its highly-coveted, non-restricted Nevada gaming license*, creating a significant value-add opportunity for a new operator to reintroduce casino operations and reposition the Properties. The Properties have been the beneficiaries of Tony Hsieh’s vision and significant investment into Downtown Las Vegas, allowing a new owner to build on Tony’s legacy of developing our local community. Together, the Gold Spike, a landmark property in Downtown Las Vegas since 1976, and the adjacent Oasis boutique hotel, offer a buyer a true, value-add hotel/casino opportunity. We invite you to learn more about this exciting opportunity by executing the Confidentiality Agreement for more information. For more information and to sign the Confidentiality Agreement, please visit www.goldspikeoasis.com.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

130

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gold Spike & Oasis

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

7

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1974

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C-2

APN/PARCEL ID

139-34-515-001,139-34-515-002,139-34-515-004,139-34-515-005

ASK ABOUT THIS PROPERTY

Gino VincentLogic Commercial Real EstateMore Info
702-340-9490

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

Gino VincentLogic Commercial Real EstateMore Info
702-340-9490

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