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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13251248
13251249

217 Las Vegas Blvd N, Las Vegas, NV 89101

GV
NV BUSB.0000189.DES, NV BS.0000138.LLC
LOGIC Commercial Real Estate
MS
NV S.0194827
LOGIC Commercial Real Estate
Listed by LOGIC Commercial Real Estate
Unpriced
969 days on market
Updated 11 days ago
Under Contract Opportunity zone

Gold Spike & Oasis

Details
APN 139-34-515-001, -002, -004, & -005
Property Type Hospitality
Sub Type Hotel, Casino
Square Footage 70,861
Year Built 1976
Year Renovated 2009/2013
Buildings 2
Stories 3
Acreage 1.520

Gold Spike & Oasis

Marketing description

On behalf of the Tony Hsieh Estate (“Ownership”), LOGIC Commercial Real Estate (“Broker”) is pleased to present the exclusive opportunity to acquire the iconic Gold Spike and Oasis hospitality and entertainment properties (the “Properties”) located in the heart of Downtown Las Vegas. The two adjacent Properties operate as one boutique hotel with a combined ± 130 rooms currently, as well as a 24/7 bar and nightlife venue. The Gold Spike has been operating without gaming; however, Ownership has preserved its highly-coveted, non-restricted Nevada gaming license*, creating a significant value-add opportunity for a new operator to reintroduce casino operations and reposition the Properties.

The Properties have been the beneficiaries of Tony Hsieh’s vision and significant investment into Downtown Las Vegas, allowing a new owner to build on Tony’s legacy of developing our local community. Together, the Gold Spike, a landmark property in Downtown Las Vegas since 1976, and the adjacent Oasis boutique hotel, offer a buyer a true, value-add hotel/casino opportunity. We invite you to learn more about this exciting opportunity by executing the Confidentiality Agreement for more information.

For more information and to sign the Confidentiality Agreement, please contact our team today.

*Source: NV Gaming Control Board- Location Detail Report

Investment highlights

A potential transaction involving the Properties offers several compelling investment opportunities, most notably:

  • Rare Boutique Hotel & Gaming Acquisition Opportunity

  • Highly-Coveted Non-Restricted Nevada Gaming License*

  • Value-Add Opportunity to Reintroduce a Casino & Reposition the Assets

  • Irreplaceable Location on Las Vegas Blvd. in the Heart of Downtown Las Vegas

  • One Block from the Fremont Street Experience w/ 26MM Visitors Annually

  • High-Growth Submarket Surrounded by New Developments

  • Located within a Qualified Opportunity Zone

  • *Source: NV Gaming Control Board- Location Detail Report

Listing Contacts

GV
NV BUSB.0000189.DES, NV BS.0000138.LLC
LOGIC Commercial Real Estate
MS
NV S.0194827
LOGIC Commercial Real Estate
Listed by LOGIC Commercial Real Estate

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Additional Information

Name
Gino Vincent
License
BUSB.0000189.DES
Brokerage Phone
702.888.3500
Name
Michael Sclafani
License
S.0194827
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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