Goldfield Hotel Portfolio | 69-79 Columbia Ave
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Goldfield Hotel Portfolio 69-79 Columbia Ave
101 Room Hotel Goldfield, NV 89013 $2,800,000 ($27,723/Room)
Investment Highlights
- Excellent highway access
- Value-add opportunity
- Featured in numerous movies and TV shows
- Many resotrations already completed.
- Seismic retrofitting installed
Executive Summary
NAI Alliance is pleased to present the opportunity to purchase the historic Goldfield Hotel and surrounding properties. Once teeming with the Who’s-who of American Society, the Goldfield Hotel offers buyers the opportunity to own a legendary piece of Gold Rush Americana. The initial sale includes a total of three buildings and 5 vacant parcels to be used as parking or storage. The buildings included are: The Goldfield Hotel, the Brown-Parker Automotive Garage, and a workshop, all three of which are listed on the Nevada Register of Historic Places. The vacant parcels total +/- 1 acre and are zoned for commercial use.
The 51,150 SF Goldfield Hotel consists of four floors of rooms and amenities, and sits atop a 5,200 SF basement. In the 1970s-80s, a seismic retrofit was completed by adding vertical supports from the earth to the ceiling in numerous locations throughout the building. Also added at that time were fire sprinklers throughout the building, though a section of the 4th floor was not completed at the time due to funding. The Hotel is still being restored and is not occupied.
Across the street from the Goldfield Hotel sits the historic Brown-Parker Automotive Garage, and to the south of the Brown-Parker lies the building only identified as a workshop. The workshop building and the Brown-Parker Garage are in unrestored condition.
The 51,150 SF Goldfield Hotel consists of four floors of rooms and amenities, and sits atop a 5,200 SF basement. In the 1970s-80s, a seismic retrofit was completed by adding vertical supports from the earth to the ceiling in numerous locations throughout the building. Also added at that time were fire sprinklers throughout the building, though a section of the 4th floor was not completed at the time due to funding. The Hotel is still being restored and is not occupied.
Across the street from the Goldfield Hotel sits the historic Brown-Parker Automotive Garage, and to the south of the Brown-Parker lies the building only identified as a workshop. The workshop building and the Brown-Parker Garage are in unrestored condition.
Property Facts
Price | $2,800,000 | Lot Size | 1.65 AC |
Price Per Room | $27,723 | Construction Status | Under Renovation |
Sale Type | Investment | Building Size | 56,345 SF |
Sale Conditions | Redevelopment Project | No. Rooms | 101 |
Property Type | Hospitality | No. Stories | 4 |
Property Subtype | Hotel | Year Built/Renovated | 1908/2026 |
Building Class | C | Corridor | Interior |
Price | $2,800,000 |
Price Per Room | $27,723 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.65 AC |
Construction Status | Under Renovation |
Building Size | 56,345 SF |
No. Rooms | 101 |
No. Stories | 4 |
Year Built/Renovated | 1908/2026 |
Corridor | Interior |
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 101 | $105.00 | - |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $174,201 | |
Land Assessment | $19,588 | Total Assessment | $193,789 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$19,588
Improvements Assessment
$174,201
Total Assessment
$193,789
zoning
Zoning Code | Com, Res, Vac (Zoning (Land use code): Commercial (400) Residential (280) Vacant (100)) |
Com, Res, Vac (Zoning (Land use code): Commercial (400) Residential (280) Vacant (100)) |
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Goldfield Hotel Portfolio | 69-79 Columbia Ave
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