Active
445 Wright Way
Sparks NV, 89431
$1,590,000
$305.36 per sqft
Active
5,207 sqft
Commercial
Built in 1957
Portfolio Sale (all on same parcel): Includes 1 triplex ((1) 2+1 and (2) 1+1), 1 single-family home, 1 commercial-retail building and 1 business (operated in the commercial building). Tri-plex and Single-family home combined are offered at a 6.3% CAP rate. Commercial building is priced based upon similar comps. For questions and/or pricing information about Nemo's Market, contact the business owners. Call main list agent for Seller's contact information. Triplex/single family listing is MLS # is 240014209. *** List Price is for all real property (Triplex, Single Family, and Commercial building) and does not include the price of the business (sold by owners and simultaneous with the real property). *** This offering is ideal for an owner/operator. If you want an investment that offers strong income and at the same time diversity for portfolio safety, this could be what you are looking for. Recurring, contractual and growing income can be realized from residential leases for the tri-plex and the single-family properties, while at the same time collecting retail sales income from the continued operation of a community convenience store, Nemo's Market in Sparks, NV. NOTE: Cap rate of 5.3% for commercial building does not include the cost of the business which is for sale by owner and negotiated separately by the owner. Gross Square Footage (5207sf) on this listing is the sum of the commercial bldg (1440sf) and the two rentals. Triplex is 1612sf & the single family is 2155sf (1147sf main floor + 1008sf in finished basement). Property taxes is for all real property on the single parcel.
240014208
MLSⓇ ID
November 8, 2024
Listed
November 22, 2024
Updated
Map
445 Wright Way
Sparks NV, 89431
Interior Features
Total Stories
1
Interior Features
Masonry, Paneled
Floor Description
Vinyl Tile
Fireplace
No
Cooling
Yes
Cooling Description
Natural Gas, Evap Cooling
Heating
Yes
Heating Description
Natural Gas, Evap Cooling
Exterior/Building Features
Lot Size
0.21 Acres
Exterior Features
Masonry Veneer, Wood Siding, Brick
Roof
Composition/Shingle, Flat
School Information
High School
Washoe
Other Property Details
Days on Market
30
Garage
No
Parking
8
View
No
County
Washoe
Pool
No
Zoning
MUD
Courtesy of Realty One Group Eminence, Thomas Myers III
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Data last updated 9:07 PM UTC, 11/22/2024