1400 Wyoming StBoulder City, NV 89005

For Sale
$1,300,000

High-return storefront, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully leased, mixed-use building in historic Boulder City, Nevada. The property, located at 1400 Wyoming St, boasts 5,342 square feet of net rentable space across a two-story building constructed in 2001. Currently operating at 100% occupancy, the property generates a strong net operating income (NOI) of $66,405, yielding an attractive 5.11% capitalization rate. The building sits on a 0.07-acre lot and is zoned C2, allowing for flexibility in future uses. Currently configured as one residential space and five commercial spaces, there's potential to create one or two additional units. The property's prime location in a high-traffic area ensures consistent tenant demand and opportunities for future rent increases. This well-maintained building offers a blend of historic charm and modern functionality, making it an ideal investment for discerning buyers seeking a stable, high-yielding asset in a thriving Nevada community. The asking price is $1,300,000.

Highlights

  • $1,300,000 asking price for a mixed-use storefront property.
  • 5,342 square feet, 100% occupied, generating a $66,405 NOI and a 5.11% cap rate.
  • Located at 1400 Wyoming St, Boulder City, NV 89005, on a 0.07-acre lot.
  • Two-story building (2001 construction) with C2 zoning, offering six potential units (currently one residential and five commercial).

Property Details for 1400 Wyoming St

Property type
Other retail properties, Individual retail properties
Square Feet
5,342 SF
Year Built
2001
Buildings
1
Stories
2
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Boulder City
County
Clark
State
Nevada
Latitude
35.9768909
Longitude
-114.8377851
1400 Wyoming St, Boulder City, Nevada

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1400 Wyoming St
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