Gold Spike – Oasis

217 N. Las Vegas Blvd., Las Vegas, NV 89101

— For Sale —

Offering Price Contact Broker

Combined Room Count +/- 130 Rooms

Combined Land Size +/- 1.52 AC

Combined Building Size +/- 70,861 SF

Property Information

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 are situated on +/- 1.52 acres on E. Ogden Ave., between N. 4th St. and N. Las Vegas Blvd. As the only Downtown Las Vegas hotel with a Las Vegas Blvd. address, the Properties feature over 200 feet of frontage and have direct access to the US 95/515 freeway. Additionally, the Properties are just one block from the Fremont Street Experience, which draws over 26 million visitors annually.

The first floor and outdoor spaces of the Gold Spike have been transformed into the go-to downtown venue for music, entertainment, special events, and nightlife. The 7-story building features two bars, a restaurant, and 86 rentable rooms including the +/- 5,000 SF MTV’s Real World Penthouse Suite, complete with three rooftop patios. The adjacent, 3-story Oasis currently operates as a boutique hotel, including 44 fully remodeled rooms and a swimming pool.

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 and contribute to the ongoing revitalization of the area. Together, the Gold Spike, a landmark property in Downtown Las Vegas since 1976, and the adjacent Oasis boutique hotel, offer a true, value-add hotel & casino opportunity.

*Source: NV Gaming Control Board – Location Detail Report

Contact

Gino Vincent Logic Commercial Real Estate
Brokerage

Gino Vincent, CCIM

Partner
Las Vegas
License
BS.0000138.LLC
BUSB.0000189.DES
O 702.954.4113
C 702.340.9490
More Info
Michael Scalafani Logic Commercial Real Estate
Brokerage

Michael Sclafani

Senior Associate
Las Vegas
License
S.0194827
BUSB.0007157
O 702.954.4172
C 702.296.9979
More Info
Jason Otter Logic Commercial Real Estate
Brokerage

Jason Otter

Founding Partner
Las Vegas
License S.0168161.LLC
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O 702.954.4109
C 702.235.6418
More Info
Bart Debuono
Brokerage

Bart Debuono

Senior Associate
Las Vegas
License S.0176508.LLC
linkedin-square
O 702.954.4129
C 347.835.7102
More Info