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Mixed-Use Property with Commercial Units
For Sale
$650,000

531 Court St, Elko, NV 89801

Corner-positioned property combines occupied storefronts with an upstairs residence near downtown Elko.

Property Size6,238 SF
Price / SF$104.20
Days on Market292

Property Features for 531 Court St

General Information

Standard status Active
Size 6,238 SF
Occupancy 100%

Additional Details

Corner Location Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,561

Building Details

Tenancy Multi
Listing Agency: Robinhood Realty Elko LLC
Listed By: Tony Odeh
Source: Exprealty
Added: Oct 18, 2025 Changed: Aug 3 Last Checked: Aug 3 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Robinhood Realty Elko LLC

Investment Insights

Based on property information with market context.

Positioned on a corner at 531 Court St, this 6,238-square-foot mixed-use property includes four commercial units at street level and one residential unit above. The building is fully occupied by operating businesses, providing an established mix of commercial and residential occupancy.

The property sits at the intersection of 5th and Court Street, one block from downtown Elko. Its corner placement offers street presence and exposure to vehicle traffic. The combination of ground-floor commercial space and an upstairs residence creates a compact, income-producing configuration in a central Elko setting.

Key Highlights

  • 6,238‑square‑foot mixed‑use property
  • Four ground‑level commercial units plus one upstairs residential unit
  • Fully occupied by operating businesses

Property Analytics

Current Use

911 BAIL BONDS, ... Law Firm UG Dental Office

Suggested Use

Top Pick HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,186
Businesses Nearby

Demographics for 89801, NV

26,250
Population
11,079
Households
2.4
Avg Household Size
34
Median Age
16%
College-Educated
87%
High-School Grad
1,212.7 sq mi
ZIP Area
22
Density / Sq Mi
$83,777
Median Household Income
$48,886
Median Earnings
$1,185
Median Rent
$278,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner-positioned property combines occupied storefronts with an upstairs residence near downtown Elko.
Where is this mixed-use property located?
The property is located at 531 Court St Elko, NV.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6,238‑square‑foot mixed‑use property; Four ground‑level commercial units plus one upstairs residential unit; Fully occupied by operating businesses
More about this property
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