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1940 Prater Way 5,656 SF Vacant Retail Building Sparks, NV 89431 For Sale
Investment Highlights
- Recently Renovated
- Yard Space
Executive Summary
FOR LEASE OR SALE Excellent owner occupier or investment opportunity. 5 apartment units with a front retail / office building. 3 - 2bd 1 bath apartments & 2 - 2bd 2 bath apartments.
Three buildings recently renovated.
Front building has appx 2,000 sf retail or office and a two bedroom apartment
Second building has 2 2bedroom apartments
Third building has 2 1bedroom apartments
Lot is .74 acres so each apartment has a yard and there is yard space for the business.
• New Roofs on all buildings
• Updated plumbing
• New Flooring
• New Paint
• New Cabinets and Countertops
• New HVAC
Three buildings recently renovated.
Front building has appx 2,000 sf retail or office and a two bedroom apartment
Second building has 2 2bedroom apartments
Third building has 2 1bedroom apartments
Lot is .74 acres so each apartment has a yard and there is yard space for the business.
• New Roofs on all buildings
• Updated plumbing
• New Flooring
• New Paint
• New Cabinets and Countertops
• New HVAC
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,656 SF
Building Class
C
Year Built/Renovated
1952/2025
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.74 AC
Zoning
MUD
Parking
20 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
85’ on Prater Way
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Three buildings recently renovated. Front building has appx 2,000 sf retail or office and a two bedroom apartment Second building has 2 2bedroom apartments Third building has 2 1bedroom apartments Lot is .74 acres so each apartment has a yard and there is yard space for the business.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,656 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 5,656 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 5,656 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
Three buildings recently renovated. Front building has appx 2,000 sf retail or office and a two bedroom apartment Second building has 2 2bedroom apartments Third building has 2 1bedroom apartments Lot is .74 acres so each apartment has a yard and there is yard space for the business.
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 031-330-05 | Improvements Assessment | $57,325 |
| Land Assessment | $117,402 | Total Assessment | $174,727 |
Property Taxes
Parcel Number
031-330-05
Land Assessment
$117,402
Improvements Assessment
$57,325
Total Assessment
$174,727
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1940 Prater Way