1212 Wyoming StBoulder City, NV 89005

For Sale
$1,950,000

Historic Boulder City storefront, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 5,781 square foot storefront located at 1212 Wyoming St, Boulder City, NV 89005. The property, built in 1932 and extensively renovated in 2006, boasts a 6.36% cap rate and is currently 100% occupied by a multi-tenant antique market operating under a modified lease. The building features a modern HVAC system, updated plumbing, a fire alarm system, and is ADA compliant. The current tenant enjoys a significant waitlist, demonstrating strong market demand. The 0.19-acre lot is zoned C2, offering potential for future expansion or increased income. While the building's interior images shown are from before the current tenant, they accurately reflect the space's size and layout. Two bathrooms are included. The property is being offered at $1,950,000 ($337.31/sq ft) and is suitable for a 1031 exchange. Public parking is available via the adjacent city-owned lot and street parking. Note that the current owner manages the property and employs staff who could potentially continue in their roles. All measurements and claims should be independently verified. Please do not disturb the tenants.

Highlights

  • 5,781 SF storefront at 1212 Wyoming St, Boulder City, NV 89005.
  • 1932 construction, extensively renovated in 2006, 6.36% cap rate.
  • 100% occupied by multi-tenant antique market with a significant waitlist, under a modified lease.
  • Modern HVAC, updated plumbing, fire alarm, ADA compliant, two bathrooms.
  • 0.19-acre C2 zoned lot, potential for expansion.
  • Offered at $1,950,000 ($337.31/SF), 1031 exchange eligible.

Property Details for 1212 Wyoming St

Property type
Other retail properties, Individual retail properties
Square Feet
5,781 SF
Year Built/Renovated
1932/2006
Stories
1
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Boulder City
County
Clark
State
Nevada
Latitude
35.9770595
Longitude
-114.8359305
1212 Wyoming St, Boulder City, Nevada

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1212 Wyoming St
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