This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Diamond Inn Motel 4605 S Las Vegas Blvd

40 Room Hotel Las Vegas, NV 89119 For Sale

Investment Highlights

  • Redevelopment Opportunity
  • 1.36 +/- Acres on Vegas Strip
  • 237 +/- ft. of Road Frontage

Executive Summary

Accepting Offers! Contact Us Today 800-558-5464
Seize the rare opportunity to own a part of the world-renowned Las Vegas Strip with the Diamond Inn Motel, a property steeped in history and potential. Spanning 1.36 +/- acres with a generous road frontage of 237 +/- feet, this iconic site stands just north of the vibrant “Welcome to Fabulous Las Vegas” sign, visible to over 45 million annual visitors from McCarran International Airport and I-15. The Diamond Inn Motel, established in the 1940s, currently comprises 48 rooms and is famed for its nostalgic pink elephant landmark. This property, once a symbol of Las Vegas’ storied past, is primed for transformation, offering a canvas for the next groundbreaking development. Zoned H-1 for hotel/casino use, with approved buildable heights reaching skyward between 406 to 505 feet, the estate promises a future as dazzling as its past. It boasts more road frontage than the nearby Paris, MGM Grand, and Venetian, and sits directly opposite Mandalay Bay, Luxor, and Excalibur, placing it at the heart of Las Vegas’ ceaseless energy. The Diamond Inn is walking distance to all major attractions, making it an excellent and rare investment opportunity for a world-class resort in a prime location. This site isn’t just about its illustrious history; it’s a development haven for visionaries. With Elon Musk’s innovative transportation projects materializing close by, the location is set to become even more of a nexus for luxury and advancement. The Diamond Inn offers the best of both worlds: past allure and future prosperity. The robust growth of the region signals a booming future, and the property’s prime location on the Las Vegas Strip guarantees visibility and access to an ever-increasing flow of visitors and residents alike. The sale includes the land and existing structures, offering a full spectrum of possibilities, from high-rise luxury condos to a new entertainment venue that could redefine the skyline. The Diamond Inn is a redevelopment opportunity tailored for those who will shape the future—real estate moguls, corporate investors, and creative magnates. Don’t miss the chance to craft a new chapter in the Las Vegas legacy, where imagination meets an unparalleled investment opportunity, at the Diamond Inn Motel.

Property Facts

Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.36 AC
Building Size 38,026 SF
No. Rooms 40
No. Stories 2
Year Built 1940
Parking Ratio 1.71/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $87.24 CAD -
Guest Room 37 $81.78 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
162-28-402-001
Land Assessment
$1,890,202 CAD
Improvements Assessment
$380,430 CAD
Total Assessment
$2,270,631 CAD

zoning

Zoning Code H1 (Hotel/Casino Use)
H1 (Hotel/Casino Use)
  • Listing ID: 30742297

  • Date on Market: 2024-01-23

  • Last Updated:

  • Address: 4605 S Las Vegas Blvd, Las Vegas, NV 89119

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}