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Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $6,315
Days Active 53
Approx. Age 1973
MLS® Number 250051238

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

FULLY LEASED Mixed-Use Investment Opportunity - Anchored by State of Nevada For Sale: Exceptional mixed-use property featuring two buildings with rock-solid leases from the State of Nevada, a reliable anchor tenant for over 20 years. This fully leased asset offers strong historical occupancy, a 7.4% cap rate, and consistent cash flow, making it a standout investment. Property Highlights: Building Details: Building 1: ±6, 552 sq. Ft., constructed in 1973 Building 2: ±3, 024 sq. Ft., constructed in 1976 Configuration: 3 office spaces 2 recently remodeled apartments (1 Bed/2 Bath & 3 Bed/1 Bath) 1 storage space Leases: Long-term, stable leases with the State of Nevada, recently renewed, ensuring 100% occupancy for over two decades. Financials: Net Operating Income (NOI): $58, 330 Cap Rate: 7.4% Condition: Well-maintained with modern upgrades, including a newly remodeled 1-bedroom apartment (photos available, taken prior to re-leasing). Why Invest? Proven Stability: 20+ years of uninterrupted tenancy by the State of Nevada, a creditworthy anchor tenant. Diverse Income Streams: Mix of office, residential, and storage spaces ensures resilience and versatility. Prime Location: High-demand area with strong historical occupancy and immediate cash flow from day one. Seize this rare chance to own a fully leased, income-generating property backed by the strength of long-term Nevada state leases. Contact us today to request financials or schedule a viewing!Show Description
MLS® Number250051238
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1973
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric, Wall Furnace
A/CWall/Window Unit(s)
Heating Fuel

Extras

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