424 Chestnut StCarlin, NV 89822
- Other commercial real estate
- 538 SF
Property Details for 424 Chestnut St
- Year built
- 1973
- Lot size
- 0.20 AC
- Property size (Sq ft)
- 538 SF
- Zone code
- COM
- Property type
- Other commercial real estate
- APN
- 002-010-004
- APU
- 2010004
Description
This exceptional investment opportunity presents a 1,232 square foot gas station situated on a 0.2-acre lot at 424 Chestnut Street in Carlin, Nevada. The property features a current tenant under a month-to-month lease, providing immediate cash flow. The existing lease is a Net-Net-Net (NNN) agreement, meaning the tenant covers most operating expenses, minimizing landlord responsibilities. The property boasts double-walled fuel tanks that have recently undergone testing and are compliant with current regulations. Four fuel pumps are in place and ready for operation. An existing building offers potential for expansion into a convenience store (C-Store), which could be integrated with the gas station operation or maintained as an independent entity. Branding opportunities are available for the C-Store. Note that adjacent to the property are fully leased storage units, though they are not included in this sale. This property presents a strong investment opportunity with potential for increased revenue through expansion or rebranding. The current month-to-month lease provides flexibility for the new owner. The recent tank testing ensures compliance and minimizes potential future expenses. The existing infrastructure and potential for expansion make this a compelling investment in a growing market. Financial details are available upon request.
Location Insight
- City
- Carlin
- County
- Elko
- State
- Nevada
- Latitude
- 40.7174
- Longitude
- -116.115
- CBSA code
- 21220
- CBSA name
- ELKO, NV MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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