445 Fairview DrCarson City, NV 89701

Property Details for 445 Fairview Dr

Year built

1963

Lot size

1.25 AC

Property size (Sq ft)

18,200 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional Carson City retail investment opportunity encompasses two buildings totaling 18,200 square feet on a 1.25-acre lot (APN 009-082-04 & 009-082-05). The property, zoned RC, features two separately deeded parcels (6,200 SF and 12,000 SF) built in 1963 and 1964 respectively, and boasts ample shared parking. Currently occupied by a diverse tenant mix including The Insurance Works, Hot Spring Spas and Hot Tubs, Mattress King, and CAAST Learning Center, the property offers below-market rents, presenting a significant value-add opportunity for the astute investor. Significant renovations were completed between 2010 and 2021, including exterior painting in 2021 and newer roofs. The buildings are meticulously maintained and benefit from separately metered utilities. This prime location enjoys high visibility due to its proximity to a major freeway exit and a main Carson City thoroughfare, situated directly across from a shopping center anchored by Lowe's, Office Depot, and PetSmart. Annual property taxes total $8,126.16. The asking price is $2,400,000, representing a price per square foot of $131.87. Detailed income and expense information is available upon request and execution of a non-disclosure agreement.

Location Insight

City

Carson City

County

Douglas

State

Nevada

Latitude

39.1494

Longitude

-119.764

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