SQUARE FEET3,680
MLS#260007406
STATUSActive
PROPERTY TYPECommercial - 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.
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.57 Acres
Roof Type: Tile, Membrane
Stories: 2.0
Taxes: $4,156
Year Built: 1900
Feature Descriptions
Business Name: DOWL
Business Type: Commercial
Construction Type: Site/Stick-Built
Cooling Y/N: Yes
Days on Site: 11
Exterior: Block, Brick, Stucco, Wood Siding
Flooring: Carpet, Concrete, Tile
Foundation: Slab
Heating Y/N: Yes
Lot Features: Corner Lot
OtherStructures: Outbuilding, Storage
Parcel #: 001-225-014
Parking: Parking Lot, Accessible Parking, Alley Access
Road Frontage: Public
Road Responsibility: Public Maintained Road
Road Surface: Paved
Security Features: None
Sewer: Public Sewer
Sprinklers: None
Utilities: Internet Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Rights Y/N: No
Window Features: Blinds
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Excel
Agent Name: Sierra Petersen
Agency Phone: 775-738-4078
Agent Phone: 775-340-2393
Shown By
Agent Name: Kyla Bevel
Agent Phone:
Agency Title: Key Realty
421 Court Street | MLS# 260007406
This commercial property located at 421 Court Street, Elko, NV 89801 is currently listed for sale with an asking price of $1,320,000. Search Elko real estate on kylabevelmanager.ikeyrealty.com today.