Gold Spike & Oasis Hotel of Las Vegas, Previously Owned by Tony Hsieh, Now Listed for Sale
LAS VEGAS, NV – The Gold Spike & Oasis Hotel, a historic property located in downtown Las Vegas and previously owned by late Zappos boss Tony Hsieh, has been listed on the open market by his family, which has engaged the services of brokerage firm Logic Commercial Real Estate to aid in the sale.
According to Logic Commercial Real Estate’s website, the Hsieh family began accepting offers earlier in December, although no asking price has been listed as of yet, and it is as of yet unknown if any offers have been made or accepted on the hotel.
The Gold Spike & Oasis Hotel is comprised of two adjacent properties with a combined 70,861-square-feet in size, situated on 1.5-acre plot of land. The hotel offers a total of 130 rooms split amongst the two buildings, as well as a bar and a nightlife entertainment venue.
The establishment has not been providing gambling to patrons, but it nonetheless still possesses a Nevada gaming license, which has been preserved by the current ownership.
Originally opening its doors for business in 1976 under the name of The Rendezvous, the Gold Spike & Oasis was purchased by Hsieh in 2013 for $22 million.
Hsieh passed away in November 2021 at the age of 46 due to injuries suffered in a Connecticut house fire, reports say.
For two decades, Hsieh – who was worth hundreds of millions of dollars at the time of his death – headed up retail shoe selling giant Zappos before selling it to Amazon in 2009 for over $1 billion; he later retired as CEO in August 2020. He is also credited for having pledged $350 million to the renovation and revitalization of Downtown Las Vegas.
In February 2021, much of the Las Vegas real estate empire amassed by Hsieh was listed on the open market by his family, totaling nearly 100 properties throughout the downtown area.
Recently, Logic Commercial Real Estate was tasked with selling an additional five of Hsieh’s properties, including The Gold Spike & Oasis, The Downtowner Hotel, the John E. Carson office and the building occupied by Nacho Daddy on Fourth Street.
Shelter Realty is a Real Estate and Property Management Company specializing in the areas of Henderson, Las Vegas and North Las Vegas, NV. Feel free to give us a call at 702.376.7379 so we can answer any questions you may have.