Former Sundowner Casino Hotel tower & land
Hospitality | 255 Keys
Marketing description
PRICE REDUCED AGAIN!!
The former Sundowner Casino and tower is located at the southwest corner of Reno’s traditional Downtown Casino core and immediately north of the Neon Line District, currently under development, and located immediately NE from the renovated J Resort. St Mary’s Regional Medical Center and the new Reno Orthopedic Center HQ are to the NW. 7 minutes by bicycle, or easy walk to UNR across the Sierra St Bridge over I-80. The Truckee River is also walkable to the south.
All water & sewer hook-up’s in place, with electricity to site.
All casino floors have been demo’d, along with 2 of the hotel tower floors.
Elevators, skin, roof and HVAC likely require complete replacement.
Potentially, all required parking might be accommodated within the former casino floor area. See offering memo for Reno City Code excerpts. Buyer advised to investigate this possibility thoroughly.
Investment highlights
Tremendous opportunity to purchase the poured in place concrete structure located at the eastern end of Reno's Neon Line District, between the Silver Legacy Resort tour & the J Resort.
~1.3 AC to the west / directly north of the J Resort. Site could be developed as parking over retail - or as a separate high-rise residential development.
Very flexible MD-ED zoning.
Potentially very flexible parking if purchased for affordable housing.
Located in an Opportunity Zone.
Interiors are partially demolished.
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