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585 E St 5,658 SF Retail Building Hawthorne, NV 89415 $189,000 ($33.40/SF) 3% Cap Rate
EXECUTIVE SUMMARY
Prime Commercial Retail Property in Hawthorne, NV – 585 E St
Discover a fantastic investment opportunity in the heart of Hawthorne, NV! This commercial retail property, located at 585 E St, offers an ideal location for entrepreneurs, investors, or business owners looking to establish or expand their presence in this growing community.
Seller is agreeable to negotiating favorable Seller Financing Terms.
Key Features:
Versatile Commercial Space: The property boasts an open floor plan, perfect for a variety of retail, service, or business uses.
Functional Layout: Includes a dedicated storage and workroom area, providing flexibility for inventory management or operations.
Private Amenities: Features a private restroom for convenience and comfort.
Outdoor Storage Area: Additional outdoor storage space enhances the property's functionality and versatility.
Established Tenant: Benefit from an existing long-term tenant on a month-to-month lease, providing immediate rental income and flexibility for future plans.
Prime Location: Situated in a high-visibility area with easy access, the property is perfectly positioned to attract foot and vehicle traffic.
Ample Potential: Whether you're an investor seeking passive income or a business owner looking for a new home base, this property offers endless possibilities.
Details:
Address: 585 E St, Hawthorne, NV 89415
Current Use: Retail Thrift Store
Tenant Lease: Month-to-month
This is your chance to own a commercial property in a charming Nevada town, poised for continued success. With its flexible tenant arrangement, functional layout, and central location, this property is an excellent opportunity to capitalize on Hawthorne's vibrant business environment.
Discover a fantastic investment opportunity in the heart of Hawthorne, NV! This commercial retail property, located at 585 E St, offers an ideal location for entrepreneurs, investors, or business owners looking to establish or expand their presence in this growing community.
Seller is agreeable to negotiating favorable Seller Financing Terms.
Key Features:
Versatile Commercial Space: The property boasts an open floor plan, perfect for a variety of retail, service, or business uses.
Functional Layout: Includes a dedicated storage and workroom area, providing flexibility for inventory management or operations.
Private Amenities: Features a private restroom for convenience and comfort.
Outdoor Storage Area: Additional outdoor storage space enhances the property's functionality and versatility.
Established Tenant: Benefit from an existing long-term tenant on a month-to-month lease, providing immediate rental income and flexibility for future plans.
Prime Location: Situated in a high-visibility area with easy access, the property is perfectly positioned to attract foot and vehicle traffic.
Ample Potential: Whether you're an investor seeking passive income or a business owner looking for a new home base, this property offers endless possibilities.
Details:
Address: 585 E St, Hawthorne, NV 89415
Current Use: Retail Thrift Store
Tenant Lease: Month-to-month
This is your chance to own a commercial property in a charming Nevada town, poised for continued success. With its flexible tenant arrangement, functional layout, and central location, this property is an excellent opportunity to capitalize on Hawthorne's vibrant business environment.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$9,600
|
$1.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$9,600
|
$1.70
|
| Taxes |
$1,882
|
$0.33
|
| Operating Expenses |
$555
|
$0.10
|
| Total Expenses |
$2,437
|
$0.43
|
| Net Operating Income |
$7,163
|
$1.27
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $9,600 |
| Annual Per SF | $1.70 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $9,600 |
| Annual Per SF | $1.70 |
| Taxes | |
|---|---|
| Annual | $1,882 |
| Annual Per SF | $0.33 |
| Operating Expenses | |
|---|---|
| Annual | $555 |
| Annual Per SF | $0.10 |
| Total Expenses | |
|---|---|
| Annual | $2,437 |
| Annual Per SF | $0.43 |
| Net Operating Income | |
|---|---|
| Annual | $7,163 |
| Annual Per SF | $1.27 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,658 SF
Year Built
1953
Price
$189,000
Price Per SF
$33.40
Cap Rate
3%
NOI
$5,670
Tenancy
Single
Building Height
1 Story
Building FAR
0.86
Lot Size
0.15 AC
Zoning
C1;COMMERC - Retail with store front on main thoroughfare in Hawthorne, NV, C1 zoning General Commercial
Parking
4 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
70’ on E Street
AMENITIES
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Patricia’s Estate Sale Warehouse
- Retailer
- 5,658 SF
- $0.14
- Modified Gross
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Patricia’s Estate Sale Warehouse | Retailer | 5,658 SF | $0.14 | Modified Gross | - |
PROPERTY TAXES
| Parcel Number | 001-164-21 | Total Assessment | $41,582 (2025) |
| Land Assessment | $16,721 (2025) | Annual Taxes | $1,882 ($0.33/SF) |
| Improvements Assessment | $24,861 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
001-164-21
Land Assessment
$16,721 (2025)
Improvements Assessment
$24,861 (2025)
Total Assessment
$41,582 (2025)
Annual Taxes
$1,882 ($0.33/SF)
Tax Year
2024
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Presented by
Mohr Partners, Inc.
585 E St
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