Property summary
This exceptional Carson City retail investment opportunity encompasses two buildings totaling 18,200 square feet on a 1.25-acre lot (APN 009-082-04 & 009-082-05). The property, zoned RC, features two separately deeded parcels (6,200 SF and 12,000 SF) built in 1963 and 1964 respectively, and boasts ample shared parking. Currently occupied by a diverse tenant mix including The Insurance Works, Hot Spring Spas and Hot Tubs, Mattress King, and CAAST Learning Center, the property offers below-market rents, presenting a significant value-add opportunity for the astute investor. Significant renovations were completed between 2010 and 2021, including exterior painting in 2021 and newer roofs. The buildings are meticulously maintained and benefit from separately metered utilities. This prime location enjoys high visibility due to its proximity to a major freeway exit and a main Carson City thoroughfare, situated directly across from a shopping center anchored by Lowe's, Office Depot, and PetSmart. Annual property taxes total $8,126.16. The asking price is $2,400,000, representing a price per square foot of $131.87. Detailed income and expense information is available upon request and execution of a non-disclosure agreement.
Property profile
VerifiedCap rate & NOI
Current use
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Furniture & Home Goods
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Hair Salon
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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