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    Retail Building with Residential Rental Title is generated by Realmo AI

    1921 Victorian Avenue, Sparks, NV 89431

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    Claim this Listing
    For Sale
    $749,999

    COMMERCIAL - Sparks, NV

    Property size:
    2,440 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $307/SF
    Added:
    Oct 28, 2025
    Days on Market:
    238
    Last Refresh:
    Jun 22 at 11:06 pm

    Property Features for 1921 Victorian Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MUD
    Parking
    4
    Parking features
    Alley, On Street
    Window features
    Single Pane Window(s), Aluminum Frames
    Fencing
    Chain Link
    Standard status
    Active
    APN
    032-112-04
    Size
    2,440 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1564

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating), Natural Gas, Wall Furnace
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1921
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    Block, Frame, Wood Siding
    Roof type
    Shingle
    Additional Structures
    Residence

    We can help!

    Listing Contact
    Abaid Khan

    Listing agent Abaid Khan License #S.195183

    Listing office ERA - Realty Central 7510 Longley Lane #101, NV

    Listing date Oct 28, 2025

    MLS# 250057595

    Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Parcel at/near Victorian & Kietzke Ln with a small business in front and a residential rental in back
    • Commercial/MUD zoning provides flexibility for development or holding
    • Front building used as a small retail store/mini neighborhood market; currently vacant with fixtures remaining
    • Two‑story barn‑styled residence in the back with alley access and off‑street parking (built in 1981)
    • Year built includes 1921; exterior materials include block, frame, and wood siding with a shingle roof
    • Utilities: public water, public sewer, and electricity available; heating includes forced air and natural gas, plus central air and electric cooling

    Overview

    This property includes a small front retail building and a two-story barn-styled residence behind it. The retail space has been used for years as a mini neighborhood market and is currently vacant, with fixtures remaining. The residence, built in 1981, has access to the alley for the occupant and includes off-street parking, supporting separate use or a rental layout.

    The parcel is located near the intersection of Victorian and Kietzke Ln and near Rail City Casino, offering a convenient location for neighborhood-oriented retail and associated services. The property is zoned MUD, which can provide flexibility for how the site is used now or in the future.

    For tenants, the storefront configuration may suit neighborhood retail users seeking a ready-to-occupy retail shell with existing fixtures. For owners, the combination of a front commercial space and a back residential rental can support an operator who wants both income-producing components within one site, or a buyer considering redevelopment under the MUD zoning. Call for an appointment to view the property.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $83.4k $34.20
    − Vacancy −$2.8k −$1.16
    EGI $80.6k $33.04
    − OpEx −$24.2k −$9.91
    NOI $56.4k $23.13
    2,440 SF · lease $34.20/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $806.1K
    $705.4K – $940.5K (±1% cap)
    NOI $56,428 @ 7.0% cap · market cap 7.52%
    Second Best
    Apartment 5plus
    $387.9K
    $339.4K – $452.6K (±1% cap)
    NOI $27,153 @ 7.0% cap · market cap 3.62%
    Theoretical Best
    Specialty Retail
    $863.7K
    $755.7K – $1.01M (±1% cap)
    NOI $60,458 @ 7.0% cap · market cap 8.06%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sparks
    County
    Washoe
    State
    Nevada
    Longitude
    -119.769704
    Latitude
    39.534998

    FAQs

    What type of property is this?
    Retail space - Front retail space and a two-story rental home at the rear provide flexible live-and-work or development options.
    Where is this retail space located?
    The property is located at 1921 Victorian Avenue Sparks, NV.
    What is the asking price?
    The asking price for this property is $749,999.
    What are key features of this property?
    This property features: Parcel at/near Victorian & Kietzke Ln with a small business in front and a residential rental in back; Commercial/MUD zoning provides flexibility for development or holding; Front building used as a small retail store/mini neighborhood market; currently vacant with fixtures remaining
    More about this property
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