Property 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 percent cap rate for the leased spaces and 70,000 were given towards the 2 additional parcels. The parcels included are the subject property and APNs 001-225-006, 001-225-007, 001-225-008.

Features
UTILITIES:
Electricity Connected, Sewer Connected, Water Connected, Internet Connected
Address Map
Country:
US
State:
NV
County:
Elko
City:
Elko
Zipcode:
89801
Street:
Court
Street Number:
421
Floor Number:
0
Longitude:
W116° 14' 6.6''
Latitude:
N40° 49' 58.3''
Additional Info
Office Name:
Coldwell Banker Excel
Agent Name:
Sierra Petersen
PhotoTimestamp:
06-10-2026 22:56:09
Status Detail:
Active
Status Date:
06-10-2026
Agent ID:
628006295
Listing Office 1:
2434-o
Contract Date:
06-10-2026
Sold Price:
$0
Update Date:
06-17-2026 18:16:20
Stories:
2
CIC Dues:
$0
Parcel #:
001-225-014
Search Price:
$0
Price Per SQFT:
$0

Commercial Sale Residential

421 Court, Elko, Nevada 89801

0.57 Acre
$1,320,000
Listing ID #260007406
Basic Details
Property Type :
Commercial Sale
Listing Type :
Residential
Listing ID :
260007406
Serial Number :
20260610172554041663000000
Price :
$1,320,000
View :
Trees
Year Built :
1900
Lot Area :
0.57 Acre
Status :
Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent