421 Court Street,Elko, NV 89801
Elko, NV 89801
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% cap rate for the leased spaces and $70,000 were given towards the 2 additional parcels.
Details
| MLS # | 3627951 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 34 |
| Listing Provided By | Office Staging Realty | Sierra Petersen |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 8,561 |
| Zoning | ZC |
| Acreage | 0.57 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
Exterior
| Exterior Features | Landscaping, Mature Trees Landscape, Workshop |
|---|---|
| Roof | Clay, Membrane, Tile |
| Construction Materials | Brick, Block, Stucco, Wood Siding |
| Foundation Details | Poured |
Other
| List Aor | Elko County Association Of Realtors |
|---|
Taxes
| Property | 6631 |
|---|
Area Information
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Tree Streets |
| Community Name | ZX Other/None |
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Learn More About This Property
| State | NV |
|---|---|
| County | Elko |
| City | Elko |
| Zip Code | 89801 |
| Area | Elko |
| Subarea | Tree Streets |
| Community Name | ZX Other/None |
 | $599,900453 Idaho StreetElko, NV 89801 |
 | $650,000531 Court StreetElko, NV 89801 |