Property Listing No Longer Available for Sale

51 S. Second St., Panaca, NV

Motel for Sale - $480,000 - 2,391 Sq. Ft. on 5.27 acres


Property Info

CIMLS#1027510
Location
  51 S. Second St.
  Panaca NV 89042
UpdatedJune 15th, 2020
TypeMotel
Price$480,000
Building2,391 Sq. Ft.
Land5.27 acres

Property Description

One of a kind Property - Nothing else like it in the area! This lovely property has the potential for a Bed and Breakfast or possible Rental Units.

Beautiful Historic home boasts 2,391 SF with 4 BR/2 BA, large family room and dining room, formal front parlor. There are gorgeous mature grounds that would be great for hosting large events such as weddings, reunions, etc. There is a total of 5.269 Acres included with four separate parcels. Also included are a 1 BR/1 BA Caretaker Cottage; former bunkhouse that consists of three 1 BR/1BA units, one 2 BR/1 BA unit and large Family Room and kitchen area; 3 Car+ Garage with private office and huge workshop area; a 40' x 80' Insulated Steel Building with 18'h average ceilings; Rear Parcel consists of 1 acre plus a "tiny" home; Stone Cottage (currently used for storage; one water share included.

The small town of Panaca, NV is located in central Lincoln County, NV. Gorgeous state parks, hunting, fishing, mountain bike trails, ghost towns, and mining are located within a 30 mile radius. There are very limited motels/bed and breakfasts in the area and none with land for events. Lincoln County also is extremely limited in rental properties in the event that the bunkhouse rooms were made over into small rental units. Very high demand for rentals and none ever available.


Financials