Courtesy: Coldwell Banker Select Reno
775-688-4800
UNIQUE TURNKEY INVESTMENT OPPORTUNITY: 207-UNIT MULTIFAMILY ASSET IN NW CARSON CITY, NEVADA! Located on 4.3 acres near Western Nevada College & I-580 (just 20 mins to Reno), this stabilized community is predominantly occupied by working adults & seniors. PROPERTY LAYOUT: 6 total buildings. The 5 two-story residential buildings feature 207 private bed/bath suites arranged in efficient 4-bed "quad" layouts with shared full kitchens. The dedicated single-story building serves as the central operations hub, housing the main office, on-site laundromat, a management unit, and a maintenance shop complete with a roll-up door and additional storage. EXCEPTIONAL CAPITAL EXPENSES & PROACTIVE MAINTENANCE: Showcasing the true pride of a proactive and caring ownership, this property benefits from a consistent, hands-on approach to maintenance. Major capital has been deployed to ensure long-term physical stability, including over 250,000 in capitalized improvements in 2025 (full exterior paint & extensive concrete/asphalt repairs), plus NEWER ROOFS on all 6 buildings. Most units feature updated hardwood laminate floors. The owner recently modernized the keying system across all units—enabling management to instantly rekey and change locks on-site. Proactive, annual preventive maintenance on every individual AC unit and annual health and safety for fire and CO2 detectors, including annual battery replacements. STABLE REVENUE & ALL-INCLUSIVE UTILITIES: Units are actively leasing at 850/mo. Rent covers all utilities (electric, gas, water, sewer, trash), creating a highly attractive all-inclusive model that drives exceptional tenant stability and retention. Additional income streams include the laundromat and optional in-room refrigerator rental fees. Complete financial package available upon receipt of offer. AMENITIES: Current ownership and diligent staff has created a community hub featuring a central rec room (equipped with a wet bar, vending machines, lending library & TV), outdoor BBQ/picnic areas, and a dedicated on-site JAC transit bus stop for ultimate tenant convenience. A truly turnkey asset!
Courtesy: Hilderbrand Property Management
775-722-9462
Excellent investment opportunity in the heart of Carson City's established retail corridor. Located at 1820 E. William Street, this approximately 4,038 SF multi-tenant retail property offers stable income with a strong 5.38 percent cap rate and long-standing tenant history. The property is anchored by Little Caesars, featuring a highly desirable drive-thru component, along with La Michoacana Paleteria, a popular specialty dessert and ice cream tenant serving the growing local community. Positioned along heavily traveled E. William Street with excellent visibility, access, and surrounding commercial synergy, the property benefits from consistent consumer traffic and a central Carson City location. This well-located asset presents an attractive opportunity for investors seeking reliable cash flow, established tenancy, and long-term upside in Northern Nevada's capital market.
Courtesy: Engel & Volkers Lake Tahoe
775-588-7710
— A Hospitality Asset with Room to Grow — 24 units, 3.52 acres, and a flexible site plan create a rare opportunity for income, repositioning, or redevelopment. The Mill House Inn Motel offers a strategic investment opportunity within Carson City's South Carson Redevelopment District, combining current operational value with long-range development potential. Set along a visible South Carson Street corridor, the property includes a motel that are across three buildings, paved parking for approximately 30 vehicles, and an outdoor setting designed for guest convenience and extended-stay use. The property configuration includes a 10-unit motel building with a small office, a second 14-unit motel building, and a separate main office building. Among the units is a spacious three-bedroom manager's unit of approximately 1,200 square feet, with the remaining units measuring approximately 400 square feet each. An in-ground pool and outdoor common area add lifestyle appeal, creating a sense of arrival and community that supports continued hospitality, monthly rental, or potential repositioning concepts. The other parcel invites a broader vision for future development, subject to buyer verification and required approvals. Whether maintained as a boutique motel, adapted for extended-stay lodging, or considered as part of a larger redevelopment strategy, 3251 S Carson Street offers scale, frontage, land, and flexibility in one of Carson City's key redevelopment areas. For the buyer with imagination and discipline, the Mill House Inn is more than an existing hospitality asset. It is a property with room to evolve, improve, and help shape the next chapter of South Carson.
Courtesy: Engel & Volkers Lake Tahoe
775-588-7710
—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.
Courtesy: RE/MAX Professionals-Reno
775-345-3070
Exceptional commercial/industrial opportunity on 3.62 acres with access near Hwy. 50. The property features generous yard space, ample parking, and a highly functional layout suited for a variety of industrial, warehouse, contractor, fleet, manufacturing, or distribution uses. The existing building was originally designed with multiple bay access points, with the option to re-install four (4) 12' x 14' bay doors, providing flexibility for expanded operational capacity. Strategic location with improving infrastructure—a traffic light is going in at Drako Way & Hwy. 50, enhancing access and ingress/egress. Utilities add significant upside with City Water and City Sewer available at the corner of the property. Property may offer potential for approximately 800 amp / 480-volt electrical service, creating additional appeal for heavy industrial, fabrication, manufacturing, or high-power operational uses. Convenient access to major transportation routes and regional distribution corridors makes this a rare industrial opportunity in a growing commercial area. Information is deemed reliable and believed accurate but is not guaranteed. Buyer is responsible to independently verify all information, including but not limited to utilities, zoning, permitted uses, development potential, electrical capacity, traffic improvements, square footage, and property condition.
Courtesy: Engel & Volkers Lake Tahoe
775-588-7710
High-Exposure Mixed-Use with Residential Space - Positioned along one of Carson City's primary commercial corridors, 3129 S Carson Street presents a rare opportunity to acquire a multi-structure, mixed-use asset within the South Carson Redevelopment District. Situated on approximately 0.69 acres and zoned Commercial, the property offers scale, flexibility, and long-term repositioning potential in a highly visible, high-traffic location. The site includes multiple buildings and three units, featuring a commercial storefront, a two-bedroom apartment, additional residential or office-style accommodations, storage structures, and a substantial auxiliary building suitable for warehouse, workshop, or specialized use. With approximately 1,831 square feet of gross building area and alley access, the configuration supports a variety of operational models, from owner-user occupancy to multi-tenant income generation. Originally constructed in 1934 and held under its current ownership since 2021, the property carries both character and established presence. Its location inside city limits, combined with public utilities and paved access, provides infrastructure readiness for immediate use or phased redevelopment. For the investor, the asset represents optionality: stabilize and optimize existing improvements, reposition for higher-yield tenancy, or reimagine the site to align with the evolving commercial landscape of South Carson Street. For the entrepreneur, it is a canvas where storefront visibility, functional outbuildings, and depth of land create room for growth, expansion, and brand presence. In a corridor defined by accessibility and steady activity, 3129 S Carson Street offers more than buildings and land. It offers control of a strategic footprint and the opportunity to create lasting value in one of Carson City's established commercial districts.
Courtesy: Coldwell Banker Select Reno
775-688-4800
44,800 SF single-story office building located in downtown Carson City. Occupied by the State of Nevada and other professional tenants. Offering a 6.5 CAP rate based on actual income and expenses with current occupancy of approximately 33,100 SF. Features three common-area restroom clusters and full-service gross leases with load factors in place. Approximately 11,700 SF is vacant for owner/user occupancy or lease-up. Zoned Retail Commercial and master planned for Downtown Mixed Use. Situated on 3.15 acres with 2.5 parking spaces per 1,000 SF and potential for expansion.
Courtesy: RE/MAX Professionals-Dayton
775-241-3975
Centrally located in Carson City, this Beautifully maintained building located on a corner lot with off street parking and a small paved parking lot for handicap parking. Building is currently being used as a Salon. There are 4 suites, 2 ADA bathrooms and a central lobby. Two of the downstairs suites are leased and owner occupies the 2 upstairs suites as her business and office. Zone GO but many other uses. Call today to see this great property.
Courtesy: RE/MAX Gold-Carson City
775-885-2200
This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and 17 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential., If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today’s construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity
Courtesy: Coldwell Banker Select RE CC
775-883-8500
Tilt up concrete industrial building in north Carson City. Subject property features loading 2 loading docks and additional grade level roll up doors. Full fire sprinklers and high ceilings.
Courtesy: Coldwell Banker Select RE CC
775-883-8500
Industrial owner-user or investment opportunity in Carson City's established Air Industrial Park. The offering includes a 24,750-SF industrial building. plus has an additional approximately 1.3-acre vacant parcel sold sepeatly, creating valuable expansion, yard or future-development potential. Building features include two dock-high loading doors with levelers, grade-level loading, approximately 10'-22' clear heights, backup generator and substantial 800-amp, 480V electrical service. Corner location with convenient access to Highway 50 and I-580. A strong opportunity for manufacturing, distribution, warehousing or other industrial users seeking building capacity together with additional land.
Courtesy: Coldwell Banker Select RE CC
775-883-8500
The Ormsby House is an iconic historical Northern Nevada landmark centrally located in Carson City, the heart of the Nevada State capital, overlooking the state legislative compound. Perfect location for conference, events, retreat, resort, care facility, retail and more! The property listing includes four parcels 003-092-03, 003-092-04, 003-092-05, 003-093-05 for a total of 3.18 acres and approximately 200,000 SQFT of hotel space in various stages of construction. It features all new mechanical systems., This local landmark has enormous potential for the right buyer. Sitting in the heart of Carson City its location is PRIME for retail, resort, conference, events, non gaming activities, long term care facility, apartments, corporate headquarters, corporate housing, shops, restaurants, the possibilities are endless. As you enter the main doors you are greeted by the original grand staircase. In addition there are four elevators and two new escalators that take you to various locations within. The hotel tower has 110 rooms that are in a rough drywall stage. Floors 3 through 10 have 8 foot ceilings and approximately 12,500 square feet of floor plate. Of the 110 rooms, all but six are large two room suites. The third floor includes nine hotel rooms and approximately 4,700 square feet of office space. The fourth floor includes 12 hotel rooms, a gym area, and a 2,400 square foot green room with 180 degree views. Floors six through ten have fifteen hotel rooms and accessory amenities. Some fixtures for the rooms will be included with the sale. The casino/retail building is comprised of two stories and approximately 58,600 square feet for ground floor with 50,000 square feet on the second level. The walls have been constructed with steel framing and the sheet rock needed to finish the interior is included on site. The first floor of the property is designed and prepped for 1,600 square foot bar, 450 square foot retail, 10,400 square foot open space, 5,000 square foot steak house, 2,100 square foot coffee shop. The second floor offers a great opportunity for conventions and meetings. It includes four 700 square foot meeting rooms, 7,000 square foot convention room with floating walls already installed, 3,200 square feet of multi purpose room. The seven story parking garage is connected to the Property by a new sky bridge. It supplies 400 +/- parking spots and has a 7,600 square foot bar and lounge area on the ground floor. All square footages are approximate.
Carson City is located in Nevada. Carson City, Nevada has a population of 57,957. Carson City is less family-centric than the surrounding county with 25.57% of the households containing married families with children. The county average for households married with children is 25.57%.
The median household income in Carson City, Nevada is $62,217. The median household income for the surrounding county is $62,217 compared to the national median of $69,021. The median age of people living in Carson City is 42.3 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 20.2 degrees. The average rainfall is approximately 8.8 inches per year, with 17 inches of snow per year.
