906 Victorian Ave - Freestanding FOR SALE


Sparks, NV 89431- Victorian Square
$2,200,000 USD
775-530-8842
906 Victorian Ave, Sparks, NV for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

906 Victorian Ave
Sparks, NV 89431
Victorian Square


HIGHLIGHTS

  • Rare Opportunity to Acquire a 9,558 SF Three-Unit Building in the Heart of Downtown Spark's Victorian Square
  • The building offers freeway visibility to the heavily traveled I80 corridor

OVERVIEW

Rare opportunity to acquire a 9,558 square foot, three-unit retail building in the heart of downtown Spark’s Victorian Square. The recently vacated building is prime redevelopment play consisting of two ground floor bars, formerly Paddy & Irenes with 30+ year operating history and The Ranch House which served as a local music venue. The 2nd floor of the property consists of 2,523 square feet of mostly open floor plan with restrooms. The property sits in the center of Victorian Square, adjacent to a public parking garage, within close proximity to the Nugget Event Center, large luxury residential complexes, a high-rise casino and a variety of restaurants and bars that cater to both locals and visitors alike. The area boasts a wide range of summer events, including regular concerts at the 8,500 seat Nugget Event Center, The Best of the West Rib Cook Off, Hot August Nights and more. The building offers freeway visibility to the heavily traveled I80 corridor. Seller has a Nevada Real Estate License.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

MUD

APN/PARCEL ID

032-193-07

ASK ABOUT THIS PROPERTY

Matt GrimesCBRE, Inc.More Info
775-530-8842

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Matt GrimesCBRE, Inc.More Info
775-530-8842

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