For Sale
$1,300,000

1400 Wyoming St Boulder City, NV 89005

High-return storefront, fully leased.

Overview

Added:
Dec 11, 2024
Days on market:
137
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
Retail properties, Office 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

FAQs

What type of property is this?
Retail property - High-return storefront, fully leased.
Where is the retail property located?
The property is located at 1400 Wyoming St Boulder City, NV.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: $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.
How can I contact the broker?
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1400 Wyoming St
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