421 Court, Elko, NV 89801
421 Court, Elko, NV 89801
421 Court, Elko, NV 89801
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$1,320,000
Est. payment /mo
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3,680 SqFt
Active

421 Court Elko, NV 89801

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Kyle Krch

Kyle Krch

+1(775) 276-5858

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $358

MLS Listing ID 260007406

Year Built 1900

Annual Tax Amount $4,156

Lot Size 0.574 Acres

Acres 0.57

Lot Dimensions 0.57

Property Sub-Type Office

Property Description

Originally constructed in 1900, per county records, and thoughtfully renovated, 421 Court Street is a solid investment opportunity in the heart of downtown Elko. The property comes with a 5-year lease in place with options to extend - making it a true turnkey income producer from day one.The listing includes four parcels: the main office building, a landscaped yard, a hillside parcel, and a storage building for equipment or operational use. The main building has been well-maintained and updated while keeping its historic character intact. Located on Court Street in downtown Elko - the county seat and commercial hub of one of Nevada's busiest mining and ranching regions - the property offers strong visibility and a stable tenant base. If you're looking for a dependable income property with real bones in a working Nevada town, 421 Court Street is worth a serious look. This is an 8 percent cap rate for the leased spaces and 70,000 were given towards the 2 additional parcels. The parcels included are the subject property and APNs 001-225-006, 001-225-007, 001-225-008.

Location

State NV

County Elko

Zoning ZC

Interior

Heating Forced Air

Cooling Central Air

Flooring Tile

Exterior

Parking Features Alley Access, Accessible Parking, Parking Lot

Utilities Available Electricity Connected, Internet Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Membrane,Tile

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Slab

Water Public

Structure Type Block,Brick,Stucco,Wood Siding

Others

Tax ID 001-225-014

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Coldwell Banker Excel

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Kyle Krch

Kyle Krch

Broker Associate | License ID: 56206

+1(775) 276-5858

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421 Court