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Nationally Ranked Roadside Motel & Market in Historic Mining Town

430 South C Street, Virginia City, NV 89440

Sale Type

Live Bid

Starting Bid

$1,500,000

Property Type
Hospitality
Year Built
1964
Square Feet
4,607
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Sale Type

Live Bid

Starting Bid

$1,500,000

Property Type
Hospitality
Year Built
1964
Square Feet
4,607

Overview

Facts

The Sugarloaf Mountain Motel & Market is a unique hospitality and retail portfolio located in the heart of the historic mining town of Virginia City. This unique asset, spread across three contiguous parcels totaling 0.60 acres, offers a powerful combination of steady lodging income, essential retail services, and residential upside. Named the best roadside motel in Nevada and the seventh best in the country by USA TODAY’s 2025 rankings, the property is a landmark destination for travelers seeking "Old West" charm blended with modern comforts.

The asset is anchored by the Sugarloaf Market, one of only two convenience stores in town, providing a year-round revenue stream. Beyond the 12-key motel and high-traffic market, the portfolio includes a 1,853 SF residential duplex currently serving as the owner’s quarters. For an investor, this offers immediate "hidden" Net Operating Income (NOI) through conversion into additional premium short-term rental units. Located in a Federal Opportunity Zone, this portfolio presents a rare opportunity for massive tax-advantaged appreciation in one of Nevada’s primary tourism corridors.

  • Top-Tier Recognition: Ranked as the #1 roadside motel in Nevada and #7 in the nation by USA TODAY (2025).
  • Core Retail Anchor: Features the Sugarloaf Market, providing an essential year-round revenue stream as one of only two convenience stores in the historic district.
  • Immediate Value-Add: The 1,853 SF residential duplex (currently owner’s quarters) presents a clear path for expansion into premium short-term rental units.
  • Tax Advantage: The portfolio is located within a Federal Opportunity Zone, offering massive tax-advantaged appreciation potential for a long-term investor.
Asset Type
Motel / Retail · Hospitality
Year Built
1964
Building Class
Economy / Independent
Building Size
4,607 SF
Lot Size
26,136 SF
Zoning
CR
Parcel
001-062-22; 001-062-23; 001-053-13

Listing Broker

  • Jennifer SteinJDS Real Estate Services, Inc.NV license #: B.1001185.corp

Transaction Fee

Buyer shall pay a fee of 2.0% of the gross sales price of the Property.

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No guarantee, warranty or representation of any kind is made regarding the completeness or measurements including square footage measurements and property condition. Such should be independently verified, and SRE expressly disclaims any liability in connection therewith. No financial or legal advice provided.

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