In the 2000s, two separate plans were proposed to redevelop the building into residential units, with retail space on the ground floor.

Reno mayor Bob Cashell considered the dilapidated building a major blight on the city and wanted it demolished.

The Kings Inn was owned initially by three Reno businessmen: retired colonel Matthew Chotas, Joseph Fischer, and Bob Scoggin.

[6] Four months later, California businessman Gust Mazoros filed a lawsuit against the owners, stating that he was owed $275,000 for helping to finance the project.

[7][8] The Kings Inn was expected to open in August 1974, but construction was delayed for a month due to local trade union strikes.

Davis alleged that the trio, who were his business partners, had sold the Kings Inn without his approval and without compensating his interest in the property.

[12] In 1977, representatives from the NAACP joined a picketing at the Kings Inn, which had recently been accused of harassing black customers.

Sherwood & Roberts, a mortgage company, was owed $4 million after previously providing a construction loan for the project.

[36][16][34] An auction had been set for the Kings Inn,[37] but it was put on hold after a potential buyer expressed interest in the property.

[39][40][41] GMFC did not respond to violations regarding the condition of the building, and in 1997, the Reno City Council voted to place a nearly $12,000 lien on the property.

[42][43] In 2000, GMFC sold the Kings Inn to Nationwide Capital Services, based in Oakland, California.

[47] Early into Bob Cashell's first term as Reno mayor, he focused on the Kings Inn and its building code violations.

[50] By early 2003, Nationwide had entered bankruptcy, complicating the city's plan to condemn the building for its trench project.

[47][53] In 2004, Cashell named the Kings Inn as the top blight in the city and said that immediate action was required, calling the building a danger to the public: "It's life threatening.

[47] In June 2005, GMFC transferred ownership to a joint partnership with North River Development, a company based in the San Francisco Bay Area.

Much of the interior would be rebuilt, and the building would implement green features such as recycled carpet, solar panels, and energy efficient lighting.

[60] North River Development received a $3.5 million loan for the project from Integrated Financial Associates, based in Las Vegas.

[48] In 2009, the Reno City Council expressed interest in paying off the delinquent property taxes and purchasing the Kings Inn.

[48][63] George Flint, a lobbyist for the Nevada Brothel Association, suggested in 2012 that the local government legalize prostitution and use the Kings Inn as a red-light district.

[65] As Cashell neared the end of his final mayoral term in 2014, he said, "I guess I'm real sorry the King's Inn is still standing.

"[66] Amador Bengochea announced in July 2014 that he was in the process of purchasing the Kings Inn, with plans to add a residential component to the facility.

"[69] The Reno City Council gave tentative approval to Bengochea's request for public financing, to redevelop the building as affordable housing.

[77] The property includes 9,000 sq ft (840 m2) of retail space, a pet-grooming facility, and a fenced-in courtyard with a dog park.

[78] A neon sign from the former casino, depicting a king's crown, was installed in the new facility's tenant lounge to honor the building's past history.

[73][85] Three months after the sale, a 2,700 sq ft (250 m2) convenience store known as The Urban Market opened to the public in one of the ground-floor spaces.