424 Chestnut StCarlin, NV 89822

For Sale
$340,000

Busy Nevada mining town gas station.

Overview

Added:
Dec 11, 2024
Days on market:
92
This Carlin, Nevada gas station presents a compelling investment opportunity. Located at 424 Chestnut St, this 1,232 square foot property sits on a 0.2-acre lot (APN: 002-010-004) and features four gas pumps (eight hoses) under a canopy. The single-story, 1973-built building, zoned COM, currently houses an office, two bathrooms, and a common room, offering potential for conversion into additional retail space, such as a convenience store or coffee shop. The property includes four double-walled fiberglass tanks (three 10,000-gallon tanks and one 15,000-gallon tank), with recent tank test results available. Currently leased on a month-to-month basis to a long-term tenant operating as a CFN Cardlock station, the asking price is $340,000. While the current tenant's financials are unavailable, the property's Net Operating Income (NOI) is reported as $13,927. The lease term is currently month-to-month. The station can operate independently or be branded. This property is ideally situated in Carlin, a bustling mining town along Interstate 80, offering significant potential for growth and return on investment. The seller is motivated and welcomes all offers.

Highlights

  • 1,232 SF gas station on a 0.2-acre lot in Carlin, NV (APN: 002-010-004).
  • Four gas pumps (eight hoses) under canopy; single-story building (1973 construction), zoned COM.
  • Includes office, two bathrooms, common room; potential for retail conversion.
  • Four double-walled fiberglass tanks (three 10,000-gallon, one 15,000-gallon); recent tank test results available.
  • $340,000 asking price; $13,927 NOI; month-to-month lease to CFN Cardlock.

Property Details for 424 Chestnut St

Property type
Other retail properties, Automotive properties
Square Feet
1,232 SF
Year Built
1973
Buildings
1
Stories
1
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Carlin
County
Elko
State
Nevada
Latitude
40.7173814
Longitude
-116.1145578
424 Chestnut St, Carlin, Nevada

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424 Chestnut St
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