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219 Kingsbury Grade Stateline NV 89449 | MLS 180006732

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$2,975,000
219 Kingsbury Grade
Stateline NV 89449
Commercial
1980

Attention all investors. This commercial office building is producing $172,000 in net income annually with a huge upside potential. The current owner has held 3 units vacant for himself or possibly the new owner. There is also a 5000 square foot basement that will provide more rental income. The current owner has been working on the building for last 6 months securing new tenants and making improvements. The current cap rate is 6% with a potential for 8% when fully rented.
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Status: 
ACTIVE
MLS: 
180006732
Property Type: 
Commercial
Square Feet: 
17,408 (approx)
Lot Size: 
25,264 sqft / 0.58 acres (approx)
Listed: 
May 17, 2018 (35 days)
Year Built: 
1980
 
# Buildings: 
1
# Parking: 
22
Ceiling Height: 
Height Varies
Common Area Facilities: 
Restrooms
Construction: 
Wood Frame
Foundation: 
Concrete Slab
Green Features: 
None
Heating/cooling: 
Natural Gas
Interior Walls: 
Paneled
Landscaped: 
None
Roll-up Doors: 
Other
Roof: 
Membrane, Flat
Sprinklers: 
None
Utilities: 
City Sewer, Electricity, Natural Gas, Telephone, City/County Water
Water Heater: 
Natural Gas
Windows: 
Double Pane
Wiring: 
220 Volts
Updated: Thursday, Jun 21 2018 by Rene Brejc
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disclosure
Courtesy of Chase International – ZC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Got It! Real Estate include the name of the listing broker. Neither the listing company nor Got It! Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2018. Northern Nevada Regional MLS. All rights reserved.
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219 Kingsbury Grade
Stateline, NV