3900 Carter Way - Bar FOR SALE


Wellington, NV 89444
$1,300,000 USD
775-721-7904
3900 Carter Way, Wellington, NV for Sale
$1,300,000 USD
Bar - FOR SALE
1/19
null | Request Cap Rate

3900 Carter Way
Wellington, NV 89444


HIGHLIGHTS

  • Strong local repetitive customer business established over past 26 years under current owner
  • Continued influx of new people moving into the TRE and surrounding areas bolstering new business opportunities for local businesses
  • Adjacent to local Fire Department Firehouse
  • 10 minutes to Lake Topaz, 25 minutes to Gardnerville and Minden, 45 minutes to Lake Tahoe
  • 38K back-up generator in place to run all operational needs of business
  • Outdoor patio adjacent to bar for additional seating/BQ/parties

OVERVIEW

-Topaz Joe’s / Nevada Trading Company is a combined bar, grill, casino and grocery business with gross revenues of over $1 million a year with double digit gross sales increases for the past 3 years. -The business property which is 2 acres is located in Topaz Ranch Estates/ Lake Topaz, Nevada. -The gaming rights on the property are of a Gaming Overlay Non-restricted license which is extremely difficult to secure in Nevada without having to build a hotel on the property. -The combined bar/casino/grocery are in two attached buildings with close to 5000 square feet under roof. -There is an additional storage building on the property in excess of 2400 square feet that has potential revenue opportunities in an enclosed storage application or get creative in improving to host a new retail venue. -This property has close to one acre of still to be utilized property as a potential revenue recourse, ie RV day parking, self-storage units, or extended outdoor hospitality park incorporating green space and repurposing of outdoor building to house bar and seating area. -Attached plot plan shows previous conceptual ideas for hospitality application. Bring your vision and take this property to the next level! -Bar includes 13 drop-in poker machines, 14 slant top poker machines, full grill and hood for food service, table seating for up to 26 customers -Grocery includes full service cold reach-ins, liquor and grocery gondolas, deli & seating, manager office

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Topaz Joe's/NV Trading Co

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

T-C

APN/PARCEL ID

1022-15-001-104

ASK ABOUT THIS PROPERTY

Bruce Robertson1000 North Division StreetMore Info
775-721-7904

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Bruce Robertson1000 North Division StreetMore Info
775-721-7904

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.