For Sale
$345,000

135 Magnolia AveTonopah, NV 89049

Renovated 4,300 SF, Excellent Views

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional mixed-use property, located at 135 Magnolia Ave in Tonopah, Nevada, presents a unique investment opportunity. The 4,300 square-foot building, situated on a 0.29-acre lot (APN 008-311-06), boasts commanding views of the city. Comprising two single-story buildings, the property features approximately 1,800 square feet of office space and 2,500 square feet of warehouse/distribution space. Recently renovated in 2024, the property is currently vacant and available for an owner/user. The asking price is $345,000, translating to $80.23 per square foot. The property is offered as a triple net (NNN) lease. Built in 1970, this property offers significant potential for a variety of uses. The seller is open to negotiating improvements to meet a buyer's specifications. The property is held by an LLC and is zoned for mixed-use purposes. This is a rare opportunity to acquire a well-located, recently renovated property in Tonopah, Nevada. The property's current NOI is $0, and the cap rate is 0.00%.

Highlights

  • Exceptional mixed-use property in Tonopah, NV.
  • 4,300 SF building on a 0.29-acre lot (APN 008-311-06) with city views.
  • Features 1,800 SF of office and 2,500 SF of warehouse/distribution space.
  • Recently renovated in 2024, currently vacant, available for owner-user.
  • Asking price: $345,000 ($80.23/SF), offered as a triple-net (NNN) lease.

Property Details for 135 Magnolia Ave

Property type
Retirement homes, Office properties
Square Feet
4,300 SF
Year Built/Renovated
1970/2024
Buildings
2
Stories
1
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Tonopah
County
Nye
State
Nevada
Latitude
38.063702404497
Longitude
-117.22511948596
135 Magnolia Ave, Tonopah, Nevada

FAQs

What type of property is this?
Retirement home - Renovated 4,300 SF, Excellent Views
Where is the retirement home located?
The property is located at 135 Magnolia Ave Tonopah, NV.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Exceptional mixed-use property in Tonopah, NV.; 4,300 SF building on a 0.29-acre lot (APN 008-311-06) with city views.; Features 1,800 SF of office and 2,500 SF of warehouse/distribution space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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135 Magnolia Ave
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