Hardware and Auto Parts Retail
631 Humboldt Ave Wells, NV 89835
631 Humboldt Ave, Wells, NV, 89835
$1,400,000
For Sale
$1,400,000
For sale: Wells Hardware & Auto includes the business and building, sharing a wall with Roy’s Market.
Property Size9,396 SF
Price / SF$148
Days on Market412
Property Features for 631 Humboldt Ave
General Information
- Standard status
- Active
- Size
- 9,396 SF
Listing Agency
Coldwell Banker Commercial Excel
(940) 452-5516
Listed by
Nawny Jones · License #S.0194875
(940) 452-5516
Source
Exprealty
Added: Jun 5, 2025 Updated: Jul 20 at 5:19 pm Checked: Jul 20 at 5:19 pm
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 Coldwell Banker Commercial Excel
Investment Insights
Based on property information with market context.
Wells Hardware & Auto is a long-standing hardware and auto parts retail business operating for 41 years, offering an opportunity to own both the business and the building. The sale is described as turn-key, with established relationships tied to Genuine Parts Company (NAPA) and Do It Best Hardware.
The property is located in Wells, Nevada, positioned in the heart of northeastern Nevada and conveniently paired with shopping next door via a shared wall with Roy’s Market. The business is also described as serving customers traveling along I-80, supported by a loyal local customer base.
This offering includes the operating business and the real estate, with continuity built around the existing vendor relationships noted in the remarks.
The property is located in Wells, Nevada, positioned in the heart of northeastern Nevada and conveniently paired with shopping next door via a shared wall with Roy’s Market. The business is also described as serving customers traveling along I-80, supported by a loyal local customer base.
This offering includes the operating business and the real estate, with continuity built around the existing vendor relationships noted in the remarks.
Key Highlights
- Wells Hardware & Auto for sale includes both the business and the building.
- Locally owned and operated for 41 years; Wells Hardware & Auto is the only hardware and auto parts store in Wells.
- Shared wall location with Roy's Market for one‑trip shopping convenience.
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 | $152.2k | $16.20 |
| − Vacancy | −$9.1k | −$0.97 |
| EGI | $143.1k | $15.23 |
| − OpEx | −$42.9k | −$4.57 |
| NOI | $100.2k | $10.66 |
9,396 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.43M
$1.25M – $1.67M
NOI $100,158 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.99M
$2.61M – $3.48M
NOI $209,000 @ 7.0% cap · market cap 14.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For sale: Wells Hardware & Auto includes the business and building, sharing a wall with Roy’s Market.
Where is this retail space located?
The property is located at 631 Humboldt Ave Wells, NV.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Wells Hardware & Auto for sale includes both the business and the building.; Locally owned and operated for 41 years; Wells Hardware & Auto is the only hardware and auto parts store in Wells.; Shared wall location with Roy's Market for one‑trip shopping convenience.
