Ormsby House
Hospitality
Marketing description
The Ormsby House, a prominent landmark in Carson City since 1970, holds great potential for various commercial and mixed-use opportunities. The main building encompasses approximately 100,000 square feet of commercial space and features eight stories of rooms, offices, and mixed-use areas. Adjacent to it is a seven-story parking garage, covering 146,404 square feet. The basement area includes 7,662 square feet of commercial space and 1,395 square feet designated for office use. Additionally, the offering includes two vacant parcels to the south, measuring approximately 0.79 acres. The property falls under the Downtown/Mixed Use (DTMU) zoning category, allowing for a range of uses such as hotel/casino, office spaces, multi-family residences, retail establishments, and more.
*The buyer will need to complete renovations: the main building spanning 184,184 square feet having been equipped with new mechanical, electrical, and plumbing systems, along with a newer roof. The property is eligible for an unlimited gaming license, adding to its potential as a destination for entertainment and hospitality.
Situated adjacent to the State's Capitol Complex, which houses important governmental offices and institutions such as the Governor's Office, Legislative Building, Nevada State Supreme Court, Attorney General's Office, and Secretary of State Office, the Ormsby House enjoys a strategic location. Additionally, being in close proximity to the center of downtown Carson City offers easy access to a variety of restaurants, retail services, and office spaces. Carson City itself is known for its business-friendly environment, with a strong desire to witness the completion of the Ormsby House with quality tenants. As Nevada's State Capitol, Carson City benefits from its proximity to Reno and the picturesque Lake Tahoe region. Residents of Carson City enjoy an exceptional quality of life, with abundant outdoor activities available, including world-class skiing, golfing, hiking, fishing, mountain biking, backpacking, and boating. Both Lake Tahoe and Reno can be reached within a 20-minute drive from Carson City.
The Ormsby House holds tremendous potential as a revitalized hub in Carson City, offering a prime location, diverse usage options, and a supportive local community.
Investment highlights
Top 5 Highlights
- Prime Capital District Location – Situated adjacent to the Nevada State Capitol Complex and within walking distance of key government offices, including the Legislature, Supreme Court, Secretary of State, and Attorney General.
- Multiple Revenue & Adaptive Use Opportunities – Ideal for continued hotel operations, executive retreats, corporate headquarters, conference and event facilities, mixed-use redevelopment, or hospitality-focused repositioning.
- Large-Scale Event & Convention Capacity – Features substantial meeting, banquet, restaurant, and gathering space capable of accommodating conferences, corporate functions, and destination events.
- Nevada Tax Advantages – Located in one of the nation's most business-friendly states with no state income tax, no corporate income tax, and no inheritance tax.
- Premier Carson City Setting – Combines government, business, tourism, and outdoor recreation with proximity to Lake Tahoe, Reno, and Northern Nevada's growing economic corridor, making it an attractive destination for both visitors and businesses.
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