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219 Kingsbury Grade Stateline NV 89449 | MLS 180006732

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$2,475,000
219 Kingsbury Grade
Stateline NV 89449
Commercial

Attention all investors. This commercial office building is currently producing 240,000 in gross income annually with a huge upside potential. Net Income potential with full occupancy is over $240,000 and could produce a near 10% cap rate. Vacancies include 3 owner held units and a 5000 square foot basemant/warehouse opportunity. Improvements in the last year include: New Roof, TRPA Bmp Certification, New Hvac units, parking lot sealing, remodeled units, common area upgrades.
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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 (92 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: Friday, Aug 17 2018
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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.
219 Kingsbury Grade
Stateline, NV