421 Court Street

Highlights:

• Annual Tax: $ 4156.41
• Flooring: Concrete
• Exterior Description: Stucco
• Garage Description: Detached Garage
• Lot Description: Corner
• Exterior: Out Building
• Age: Over 50 Years Old
• Heating Fuel Type: Gas
• Road Type: City / Town Street
• Lot Size: 1/2 - 1 Acre
• Cooling: Central A/C
• Sewer: City
• Roof: Spanish Tiles
• Heating Type: Forced Air
• Basement: Finished
• Water: City Water

Description:

Originally constructed in 1900, per county records, and thoughtfully renovated, 421 Court Street is a solid investment opportunity in the heart of downtown Elko. The property comes with a 5-year lease in place with options to extend - making it a true turnkey income producer from day one.The listing includes four parcels: the main office building, a landscaped yard, a hillside parcel, and a storage building for equipment or operational use. The main building has been well-maintained and updated while keeping its historic character intact. Located on Court Street in downtown Elko - the county seat and commercial hub of one of Nevada's busiest mining and ranching regions - the property offers strong visibility and a stable tenant base. If you're looking for a dependable income property with real bones in a working Nevada town, 421 Court Street is worth a serious look. This is an 8% cap rate for the leased spaces and $70,000 were given towards the 2 additional parcels.

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Listing ID: 3e33c56c-a986-4e90-bdfe-ee8266b31cb7