- For Sale $12,000,000
- Property Type Other
- Property Size 42,351 SF
- Units 125
- Lot Size 0.32 Acre
- Building Class C
- Year Built 1966
- Date Updated Nov 10, 2026
Description
Positioned in downtown Reno, the property benefits from immediate access to one of Northern Nevada’s most active urban districts. The surrounding area offers a dynamic mix of gaming, entertainment, dining, and civic destinations that help drive steady visitor activity and support hospitality demand.
Nearby points of interest include the Truckee River corridor, the National Bowling Stadium, Greater Nevada Field, Reno Events Center, and the University of Nevada, Reno. The location also sits within reach of the city’s established casino and resort core, along with a growing collection of restaurants, bars, and cultural venues. For investors, Reno continues to stand out as a recognizable regional destination with diverse year-round appeal.200 Mill Street presents an opportunity to acquire a 42,351 SF hospitality asset configured with 125 units in Reno. Built in 1966, the five-story property offers substantial scale for investors seeking a select service hotel with an established physical presence and operational footprint.
The asset consists of a single building and is zoned MD-RD. Its size, unit count, and hospitality use position it as a compelling investment for buyers focused on lodging properties with meaningful room inventory. 200 Mill Street offers a straightforward value proposition centered on existing improvements, efficient vertical layout, and a recognized hospitality format suited for continued operation or strategic repositioning.
Highlights
- 125-unit select service investment opportunity
- 42,351 SF hospitality building
- Built in 1966
- Commercial hospitality asset
- Established operating format
- Existing hotel configuration
- Five-story property
- Hospitality property in Reno
- Institutional-scale room count
- Positioned for hospitality investors
- Single-building asset
- Zoned MD-RD
False
Contacts
Jeffrey Lowden
SVN | Sky West Real Estate Services
Location
Located at 200 Mill St, Reno, NV 89501, this property is part of the Downtown Reno neighborhood and Reno market.
Contact Listing Broker
Jeffrey Lowden
SVN | Sky West Real Estate Services