Property summary
This exceptional mixed-use investment opportunity in Carson City, Nevada, presents a compelling proposition for discerning investors. Located at 501 S Carson St, 89701, this property boasts a total of 7,548 square feet across two stories within a single building constructed in 1988. The property features five units, offering a diverse tenant base and a current rental income of $10,745 per month, providing a significant offset to mortgage payments. The property sits on a 0.13-acre lot (APN 004-061-01) and is currently configured as a multi-tenant building with a well-established dental practice occupying the first floor. This dental practice is also available for separate purchase, presenting a unique opportunity for a buyer seeking a combined real estate and business acquisition. The asking price is $3,499,000, translating to a price per square foot of $463.57. This property offers a blend of stable rental income and potential for future appreciation, making it an attractive investment in a desirable Nevada location. The existing tenant mix provides immediate cash flow, while the potential for additional income streams or property upgrades further enhances its long-term value. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving Nevada community.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Dental Office
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Hair Salon Nail Salon
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Spa & Massage Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
18.04.125 - Downtown mixed-use (DT-MU) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purpose of the DT-MU district is to preserve a mixed-use district limited primarily t…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
DT-MU · Carson City, NV18.04.125 - Downtown mixed-use (DT-MU) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purpose of the DT-MU district is to preserve a mixed-use district limited primarily t…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
18.04.125 - Downtown mixed-use (DT-MU) district; purpose. (Art. 2, § 2.220 of the Carson City Charter; NRS 278.020 and 278.250) 1. The purpose of the DT-MU district is to preserve a mixed-use district limited primarily t…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DT-MU in Carson City, NV.
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