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The Ormsby House | 600 S Carson Street

2 Properties Offered at $16,750,000 in Carson City, NV

Investment Highlights

  • The Ormsby House, a historic Carson City landmark rising eight stories high, presents 184,184 square feet of mixed-use commercial space.
  • Sitting upon 3.66 acres, this property includes two vacant parcels, a seven-story parking garage, and flexible Downtown Mixed-Use zoning.
  • Located adjacent to the State Capitol Complex, The Ormsby House is steps from Nevada's government hub and downtown amenities.
  • Carson City combines business-friendly policies with a prime location near Reno, Lake Tahoe, and abundant outdoor recreation.

Executive Summary

The Ormsby House at 600 S Carson Street has been a landmark in Carson City since 1970. The main building has approximately 184,184 square feet of commercial space and eight stories of hotel rooms, mixed-use, and office space. The lower basement level features 7,662 square feet of commercial and 1,395 square feet of office. The adjacent parking garage spans 146,0404 square feet and seven stories. Also included in the offering of 3.66 acres is two vacant parcels to the south, totaling 0.79 acres.

Downtown Mixed Use (DTMU) zoning allows for many uses, including hotel/casino, office, multifamily, retail, and many other uses. Although The Ormsby House has been lovingly maintained over the years, the buyer will need to complete renovations. The main building has all-new mechanical, electrical, and plumbing systems with a newer roof. The Ormsby House qualifies for an unlimited gaming license.

The Ormsby House is adjacent to the State's Capitol Complex, which houses the Governor's Office, the Legislative Building, the Nevada State Supreme Court, the Attorney General's Office, and the Secretary of State Office. Moreover, this mixed-use destination is near the center of downtown Carson City, which offers many restaurants, retail services, and office uses.

Carson City is a business-friendly community eager to see the property successfully completed and occupied by quality tenants. Carson City is Nevada's State Capitol and is in proximity to Reno and Lake Tahoe. Carson City residents enjoy a great quality of life with numerous outdoor activities such as world-class skiing, golfing, hiking, fishing, mountain biking, backpacking, and boating. Lake Tahoe and Reno are each a 20-minute drive away from the complex. This unique offering presents an exceptional opportunity for investors or developers to revitalize a landmark property in the heart of Carson City.

Sale Flyer

Property Facts

Price $16,750,000
Price / SF $48.91 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 342,440 SF
Total Land Area 3.86 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Ormsby House
600 S Carson St, Carson City, NV 89701
Hospitality 196,400 SF 1972 -
Ormsby House Parking Garage
600 S Carson St, Carson City, NV 89701
Specialty 146,040 SF 1986 -
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Sale Advisors

Sale Advisors

(775) 443-7576
Contact
Samuel Douglass, Principal & Managing Broker
(775) 443-7576
Contact
Samuel Douglass is a 4th generation Nevadan raised in Reno.  He obtained his Bachelor of Science in Business Administration with distinction from the University of Nevada Reno. He also attended the University of Stirling in Scotland to compliment his degree.  Samuel has actively held a real estate license in the State of Nevada since 2007 and achieved his CCIM designation in 2013.  He has completed over 1,000 lease and sale transactions in the northern Nevada market. Samuel is currently serving on Northern Nevada Development Authority’s Commercial Real Estate and Development Advisory Committee. He is a member of the Sierra Nevada Association of Realtors, a board member of the Northern Nevada CCIM Chapter, and a member of the Northern Nevada Chapter of NAIOP.
(775) 721-7904
Contact
Bruce Robertson, Senior Advisor
(775) 721-7904
Contact
Bruce L. Robertson, CCIM, serves as a senior advisor for Nevada Commercial Group. Robertson specializes in office, industrial, land and retail transactions in Nevada, serving Carson City, Reno, Washoe, Douglas and Lyon counties. He has more than eight years of brokerage experience and has completed more than 300 commercial real estate transactions.

Robertson began his commercial real estate career while employed with Carson Furniture, Inc., where he was actively involved with the development, leasing and management of family-owned commercial properties. Attributing to his success, Robertson was responsible for the development of a retail center that has since proven to be a financial success.

Robertson earned his Certified Commercial Investment Member (CCIM) designation, and has been active in his community serving as past president of several key community groups such as Carson City’s Chamber of Commerce, Rotary Club and Northern Nevada Development Authority. He has also chaired the committee for the Friends in Service Helping capital fundraiser that netted in excess of $400 thousand.
  • Listing ID: 22695076

  • Date on Market: 7/21/2020

  • Last Updated:

  • Address: The Ormsby House | 600 S Carson Street, Carson City, NV

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