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Jaime Eannarino

eannarinorealty@gmail.com +1(760) 707-3406

$ 524,900

Est. payment -/mo

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Price Dropped by $163K

1000 C ST Hawthorne, NV 89415

9,576 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,576 sqft

Price per Sqft $54

MLS Listing ID 250051238

Year Built 1973

Annual Tax Amount $6,315

Lot Size 0.830 Acres

Acres 0.83

Lot Dimensions 0.83

Property Sub-Type Mixed Use

Property Description

STATE OF NEVADA LEASES!! This mixed use asset includes 2 buildings, the first is ±6,552 square feet and built in 1973 and the 2nd is ±3,024 square feet, built in 1976. All told, there are 3 office spaces, 2 recently remodeled apartments and a storage space. historical occupancy has been strong in this location, and the newly remodeled 1-bedroom apartment can be seen in the pictures, taken just prior to re-leasing. Lease renewal is now complete with the State of Nevada, which has been an anchor tenant for 20+ years in this property. The Welfare office is now renewed, which is reflected in the financial analysis herein. The Rural Clinics lease was renewed last year for an initial 5 year term. On average, rents are very strong and the buildings have now achieved 100 percent occupancy, with rent increases included. Our sales price makes this a 11.83 percent Cap Rate, making this an easy to manage and attractive investment opportunity.

Location

State NV

County Mineral

Zoning C1-General Commercial

Rooms

Basement Unfinished

Interior

Heating Electric, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Laundry None

Exterior

Parking Features Accessible Parking, Parking Lot

Utilities Available Cable Available, Electricity Available, Internet Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage

View Y/N No

Roof Type Composition,Shingle

Garage No

Building

Lot Description Level

Story 2

Foundation Crawl Space

Water Public

Structure Type Attic/Crawl Hatchway(s) Insulated,Wood Siding

Others

Tax ID 001-011-24

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by RE/MAX Gold

Jaime Eannarino

Agent | License ID: S.0184288

+1(760) 707-3406

Jaime Eannarino

1000 C ST Hawthorne, NV 89415

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1000 C ST