219 Kingsbury Grade

    Stateline, NV 89449
    • $2,475,000
    • STATUS: Active
    • ON SITE: 64 days
    • MLS #: 180006732
    $2,475,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,408
      SQFT
    • $142
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:

    School Ratings & Info

    Description

    Attention all investors. This commercial office building is currently producing 240,000 in gross income annually with a huge upside potential. Net Income potential with full occupancy is over $240,000 and could produce a near 10% cap rate. Vacancies include 3 owner held units and a 5000 square foot basemant/warehouse opportunity. Improvements in the last year include: New Roof, TRPA Bmp Certification, New Hvac units, parking lot sealing, remodeled units, common area upgrades.

    Monthly Payment Calculator

    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Wood Team with RE/MAX Realty Affiliates. Real estate listings held by brokerage firms other than The Mike Wood Team with RE/MAX Realty Affiliates 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: 2018-07-21T00:20:39.357.
    www.renohousingmarket.com/homes/83711649

    219 Kingsbury Grade Stateline, NV 89449

    • Price: $2,475,000
    • Status: Active
    • MLS #: 180006732
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    17,408
    SQFT
    $142
    $/SQFT
    1980
    Built
    Neighborhood:
    Lower Kingsbury
    County:
    Douglas
    Area:
    Lower Kingsbury
    Property Description
    Attention all investors. This commercial office building is currently producing 240,000 in gross income annually with a huge upside potential. Net Income potential with full occupancy is over $240,000 and could produce a near 10% cap rate. Vacancies include 3 owner held units and a 5000 square foot basemant/warehouse opportunity. Improvements in the last year include: New Roof, TRPA Bmp Certification, New Hvac units, parking lot sealing, remodeled units, common area upgrades.
    Exterior Features

    Access Road Paved/Concrete Construction Wood Frame Exterior Stucco Fenced None Foundation Concrete Slab Landscaped None Loading Drive-In Location Free Standing Parking Spaces 22 Roll Up Doors Other Roof MembraneFlat Sprinklers None

    Interior Features

    Ceiling Height Height Varies Flooring CarpetNone Heating Cooling Natural Gas Interior Walls Paneled Restrooms Three Or More Stories 3 Story Water Heater Natural Gas Windows Double Pane

    Property Features

    Access Public Commercial Type Commercial Common Area Facilities Restrooms Current Use Retail-Office Documents On File Financial StatementsRental/Leases Green Features None Hoa Fee 0 Included In Monthly Fees ElectricityGasInsuranceReal Estate TaxesTrashWaterSewer Other Features Auto BayElevator Owners May Sell ConventionalCashExchange 1031Owner Carry 1st Special Condition Of Sale None Utilities City SewerElectricityNatural GasTelephoneCity/County Water Wiring 220 Volts Zoning Actual 400

    Listing provided courtesy of Chase International - Zc. © 2013 of Northern Nevada Regional MLS. All Rights Reserved.
    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Wood Team with RE/MAX Realty Affiliates. Real estate listings held by brokerage firms other than The Mike Wood Team with RE/MAX Realty Affiliates 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: 2018-07-21T00:20:39.357.
     
    The Mike Wood Team with RE/MAX Realty Affiliates
    10795 Double R Blvd
    Reno NV, 89521