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1587-1589 N Hwy 395

Minden, NV 89423
  • $1,400,000
  • STATUS: Closed
  • ON SITE: 266 Days
  • MLS #: 220003395
Sold - 08/30/2022
$1,400,000
SOLD - 08/30/2022
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,821
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1975
County:
Area:

School Ratings & Info

Description

Fully Leased Retail investment opportunity. Fully leased multi-tenant building in the heart of the downtown Minden area. US 395 frontage with excellent visibility and 2020 traffic counts in excess of 22,000 cars per day. Currently leased to National Fastenal Company and the D&D Mini Mart. The mini mart also occupies the one-bedroom apartment above the store which could be an additional source of income. Tenants are long term and are on Modified Gross leases with approximately 4 years remaining.

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Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Home NV. Real estate listings held by brokerage firms other than Home NV are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-10T00:19:53.11.
www.movetoreno.com/homes/126865322
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1587-1589 N Hwy 395 Minden, NV 89423

  • Price: $1,700,000
  • Status: Closed
  • On Site: 266 Days
  • Updated: 204 min ago
  • MLS #: 220003395
0
Beds
0
Baths
0
½ Baths
0.65
Acres
7,821
SQFT
$0
$/SQFT
1975
Built
Neighborhood:
G/M Downtown
County:
Douglas
Area:
G/M Downtown
Property Description
Fully Leased Retail investment opportunity. Fully leased multi-tenant building in the heart of the downtown Minden area. US 395 frontage with excellent visibility and 2020 traffic counts in excess of 22,000 cars per day. Currently leased to National Fastenal Company and the D&D Mini Mart. The mini mart also occupies the one-bedroom apartment above the store which could be an additional source of income. Tenants are long term and are on Modified Gross leases with approximately 4 years remaining.
Exterior Features

Access Road Paved/Concrete Construction Wood Frame Exterior Masonry VeneerWood Siding Fenced BackChain LinkPartial Foundation Concrete Slab Landscaped None Loading Delivery Door Location Downtown AreaFree Standing Parking Spaces 18 Roll Up Doors 8X10 Roof Composition/ShingleMembrane Sprinklers None

Interior Features

Ceiling Height 8 To 10Height Varies Flooring ConcreteLaminate Heating Cooling Natural GasEvap Cooling Interior Walls Sheet Rock Restrooms Three Or More Stories 2 Story Water Heater Electric Windows Single Pane

Property Features

Access Public Commercial Type Retail Common Area Facilities Fenced StorageNone Current Use Retail Documents On File Rental/Leases Green Features None Hoa Fee 0 Included In Monthly Fees Real Estate TaxesSewerWater Other Features Display Windows Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Utilities City SewerElectricityNatural GasTelephoneWater Meter InstalledCity/County Water Wiring 110 Volts220 Volts Zoning Actual Gc

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Coldwell Banker Select Re Cc: [IDXCONTACTINFORMATION].

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Home NV. Real estate listings held by brokerage firms other than Home NV are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-10T00:19:53.11.
 
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