925 Broadway Ave Lovelock, NV 89419
- Commercial real estate
- 3,625 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 925 Broadway Ave
- Year built
- 1910
- Lot size
- 0.12 lot acres
- Property size
- 3,625 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two adjacent commercial buildings totaling 3,625 square feet on a 0.12-acre lot in Lovelock, Nevada. Strategically located off Broadway and Main Street, the property currently operates as a bar, seamlessly combining both buildings. The interior layout features a bar with integrated slot machines, restrooms in each building, and a convenient walk-in cooler. A significant advantage is the inclusion of a large, separate room accessible via its own entrance, ideal for generating additional revenue through rentals for events or parties. Adding to the property's income potential is a small rental house situated at the rear, currently occupied by a tenant. The buildings are situated within the city limits, offering easy access to local amenities and a strong potential for future growth. This turnkey operation provides a rare chance to acquire a well-established business with multiple income streams in a desirable location. The asking price for this unique property is $249,900. This represents a compelling investment opportunity for savvy buyers seeking a profitable venture in a thriving Nevada community. The property's versatile layout and existing infrastructure offer significant potential for expansion and customization to suit a variety of commercial uses. The combination of the bar, event space, and rental house creates a diversified income stream, mitigating risk and maximizing return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lovelock
- County
- Pershing
- State
- Nevada
- Longitude
- -118.474
- Latitude
- 40.1791