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    585 St Hawthorne, NV 89415

    For Sale
    $189,000

    5,658 SF Storefront, 100% Occupied

    Property size:
    5,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 5,658-square-foot storefront at 585 E St, Hawthorne, NV 89415, presents a compelling investment opportunity. Priced at $189,000 ($33.40/SF), this single-unit property sits on a 0.15-acre lot and boasts a C1 zoning designation. Built in 1953, the one-story building is currently 100% occupied by a retail thrift store under a month-to-month lease, providing immediate rental income. The property features a functional layout including a dedicated storage and workroom area, a private restroom, and additional outdoor storage. Its open floor plan offers versatility for various retail or service businesses. The high-visibility location ensures excellent foot and vehicle traffic, making it ideal for owner-occupancy or continued lease income. This prime commercial space in a thriving Nevada community offers significant potential for growth and return on investment. The property's APN is 001-164-21. This is a rare chance to acquire a well-situated, income-producing commercial property in Hawthorne, Nevada.

    Property Features for 585 St

    General Information

    Property type
    Individual retail properties
    Square Feet
    5,658 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1953
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 5,658 SF storefront on a 0.15‑acre lot in Hawthorne, NV.
    • Currently 100% occupied with month‑to‑month lease, providing immediate income.
    • High‑visibility location with excellent foot and vehicle traffic.
    • Open floor plan ideal for various retail or service businesses; flexible space for owner‑occupiers or investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Hawthorne
    County
    Mineral
    State
    Nevada
    Longitude
    -118.624923
    Latitude
    38.5257255

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    FAQs

    What type of property is this?
    Individual retail property - 5,658 SF Storefront, 100% Occupied
    Where is this individual retail property located?
    The property is located at 585 St Hawthorne, NV.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: 5,658 SF storefront on a 0.15-acre lot in Hawthorne, NV.; Currently 100% occupied with month-to-month lease, providing immediate income.; High-visibility location with excellent foot and vehicle traffic.
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    585 St Hawthorne, NV 89415
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    Hawthorne, NV 89415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    585 St Hawthorne, NV 89415
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