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479 6th Street St 7,500 SF Retail Building Wells, NV 89835 $722,650 ($96.35/SF)
Investment Highlights
- Located in Wells, NV, a key stop along Interstate 80, the property benefits from consistent transient and local traffic.
- Zoning designation of GC supports a variety of commercial applications, enhancing tenant demand and exit strategies.
- Approximately 7,500 SF with a layout adaptable for retail, restaurant, office, or service-oriented uses.
- Fee simple ownership of both land and improvements provides long-term control and value retention.
- Opportunity to enhance income through lease-up, repositioning, or operational improvements depending on current tenancy.
- Dedicated parking with 18 spaces supports customer convenience and operational efficiency.
Executive Summary
This offering presents a compelling opportunity to acquire a freestanding commercial property located in the heart of Wells, Nevada. Strategically positioned along a well-trafficked corridor, the asset benefits from strong visibility, accessibility, and proximity to key local demand drivers.
The property was completely renovated and updated between the years 2008 through 2011. In 2024 the support walls in the basement where redone and brought to code, sump pumps where updated. Also, the grease traps in the kitchen were pumped and cleaned.
The property consists of an approximately 7,500 SF structure situated on a 0.26-acre parcel. Originally constructed in 1970, the asset offers a functional layout suitable for a variety of commercial uses. The site includes 18 parking spaces, supporting both customer-facing and operational needs.
Zoned GC, the property allows for flexible usage, making it attractive to both owner-users and investors seeking stable income or repositioning potential.
The property was completely renovated and updated between the years 2008 through 2011. In 2024 the support walls in the basement where redone and brought to code, sump pumps where updated. Also, the grease traps in the kitchen were pumped and cleaned.
The property consists of an approximately 7,500 SF structure situated on a 0.26-acre parcel. Originally constructed in 1970, the asset offers a functional layout suitable for a variety of commercial uses. The site includes 18 parking spaces, supporting both customer-facing and operational needs.
Zoned GC, the property allows for flexible usage, making it attractive to both owner-users and investors seeking stable income or repositioning potential.
Property Facts
Sale Type
Investment
Property Type
Building Size
7,500 SF
Building Class
C
Year Built
1970
Price
$722,650
Price Per SF
$96.35
Tenancy
Single
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.26 AC
Zoning
GC - Commercial
Parking
18 Spaces (2.4 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $75,518 | |
| Land Assessment | $4,725 | Total Assessment | $80,243 |
Property Taxes
Parcel Numbers
Land Assessment
$4,725
Improvements Assessment
$75,518
Total Assessment
$80,243
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479 6th Street St
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