Investment opportunity in Elko's light industrial market. This 5,679 SF commercial building sits on 0.18 acres and is fully occupied with six income-producing units. All tenants are currently on month-to-month agreements, offering flexibility for a new owner while providing immediate cash flow. Current rents are below market, presenting significant upside potential through future rent adjustments and increased income performance.One of the six units is operated as a butcher shop and was brought up to code in 2019. The property's multi-tenant configuration helps diversify income and reduce vacancy risk. Conveniently located in Elko, this asset offers a value-add opportunity for investors seeking stable occupancy with the potential to improve returns over time.
| MLS # | 3627977 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 28 |
| Listing Provided By | Office Staging Realty | Jessica Larsen |
| Bath(s) | 1 |
|---|---|
| Zoning | ZGI |
| Acreage | 0.18 |
| Exterior Features | Corner Lot |
|---|---|
| Roof | Metal |
| Construction Materials | Metal Siding |
| Utilities | Cable Available |
|---|
| List Aor | Elko County Association Of Realtors |
|---|
| Property | 1962 |
|---|
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Idaho Street Corridor |
| Community Name | Ballou Addition |
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Idaho Street Corridor |
| Community Name | Ballou Addition |
![]() | $220,0001003 Idaho StreetElko, NV 89801 |
![]() | $245,0001003 Idaho StreetElko, NV 89801 |
$299,9001009 Court StreetElko, NV 89801 |