217 Las Vegas BlvdLas Vegas, NV 89101

For Sale
Call for price

Iconic Vegas property, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents the chance to acquire the Gold Spike and Oasis properties, a combined boutique hotel and entertainment complex in the heart of Downtown Las Vegas. Currently featuring approximately 130 rooms and a 24/7 bar and nightlife venue, this property boasts a highly coveted, unrestricted Nevada gaming license, offering a significant value-add potential for a new operator to reintroduce casino operations and reposition the assets. The location is unparalleled, situated directly on Las Vegas Boulevard, just one block from the Fremont Street Experience, which draws 26 million visitors annually. This prime location is within a rapidly developing, high-growth submarket, surrounded by new construction projects. The Gold Spike, a landmark since 1976, and the adjacent Oasis hotel present a unique opportunity to build upon a legacy of revitalizing Downtown Las Vegas. This is a rare chance to acquire a boutique hotel and casino in a thriving area with significant upside potential. The property's history and location make it an irreplaceable asset in the Las Vegas market. Further details are available upon request.

Highlights

  • Rare boutique hotel and gaming acquisition opportunity in Downtown Las Vegas.
  • Highly coveted, unrestricted Nevada gaming license.
  • Value-add opportunity to reintroduce casino operations and reposition assets.
  • Irreplaceable location on Las Vegas Boulevard in Downtown Las Vegas.
  • One block from the Fremont Street Experience, attracting 26 million annual visitors.
  • High-growth submarket with surrounding new developments.

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.17072992
Longitude
-115.14072376
217 Las Vegas Blvd, Las Vegas, Nevada

FAQs

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217 Las Vegas Blvd
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