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 13, 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

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

©2024 Northern Nevada Regional MLS. All rights reserved.

Data last updated 6:38 AM UTC, 11/13/2024

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