This well-established commercial complex consists of four buildings with a total leasable square footage of 27,845 and 17 total units, many of which are occupied by long-term tenants. The property generates an annual net operating income of $371,364, with total revenues of $461,364 and expenses of $90,000. With approximately 10,000 square feet of roughed-out space available for lease at a competitive rate of $1.50 per square foot ($1.10 for rent and $0.40 for CAMs), there is substantial income potential., If fully leased, the cap rate could reach nine percent. Given that replacement costs exceed $12 million, this is a rare opportunity to acquire a high-performing asset well below today’s construction costs. Whether seeking stable cash flow or a value-add investment, this property presents an outstanding opportunity
- UTILITIES:
- Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Phone Available
- Xstreet/Directions:
- Near Marigold Mine. Valmy Rd
- Country:
- US
- State:
- NV
- County:
- Douglas
- City:
- Carson City
- Area:
- Indian Hills Plaza
- Zipcode:
- 89705
- Street:
- Mica
- Street Number:
- 931-939
- Floor Number:
- 0
- Longitude:
- W120° 13' 38.6''
- Latitude:
- N39° 5' 27.4''
- Office Name:
- RE/MAX Gold-Carson City
- Agent Name:
- Garrett Lepire
- PhotoTimestamp:
- 04-10-2025 08:44:14
- Status Detail:
- Active
- Status Date:
- 02-25-2025
- Agent ID:
- 627501011
- Listing Office 1:
- 627501176-o
- Contract Date:
- 02-25-2025
- Sold Price:
- $0
- Update Date:
- 06-23-2026 21:30:07
- Stories:
- 1
- CIC Dues:
- $0
- Parcel #:
- 1420-07-619-001
- Search Price:
- $0
- Price Per SQFT:
- $0
Commercial Sale Residential
931-939 Mica, Carson City, Nevada 89705
- Property Type :
- Commercial Sale
- Listing Type :
- Residential
- Listing ID :
- 250002225
- Serial Number :
- 20250410083906658493000000
- Price :
- $6,925,000
- View :
- Trees
- Year Built :
- 2006
- Lot Area :
- 3.09 Acre
- Status :
- Active