1730 Mountain City Hwy, Elko, NV 89801

$1,300,000
3,716
SqFt

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Property Description

Outstanding commercial opportunity at 1730 Mountain City Highway in Elko, Nevada, offering a highly visible location, existing car wash improvements, and multiple potential paths for an owner-user, investor, operator, retailer, or developer. The property is strategically positioned within the Smith's-anchored commercial corridor, immediately adjacent to Smith's and surrounded by established national and regional retailers, restaurants, service businesses, and hospitality uses. Nearby businesses include Starbucks, Taco Bell, O'Reilly Auto Parts and other major traffic generators. Convenient access to Interstate 80, Mountain City Highway and the surrounding commercial district provides excellent regional connectivity, while Elko Regional Airport is directly across the corridor. Situated on approximately 0.46 acres (±20,095 SF), the property is currently improved as a self-service/automatic car wash. The existing improvements provide an opportunity for a buyer seeking to continue or reposition the car wash operation, while the site's commercial location creates additional possibilities for alternative automotive/service uses, retail, quick-service restaurant concepts, redevelopment, or other uses subject to applicable zoning and governmental approvals. The current owner has been actively working to improve the property following reacquisition, including site cleanup and attention to deferred equipment maintenance. This creates an opportunity for a new owner to acquire a recognizable commercial site and determine the level of improvements appropriate for their intended use. Multiple acquisition strategies are available. The property may be purchased as-is at $1,100,000, including the existing real estate, improvements and equipment in their current condition. The owner is also offering a $1,300,000 purchase option with car wash equipment brought into good operating condition, providing an alternative for a buyer interested in pursuing continued car wash operations. For users seeking the location rather than the existing improvements, the owner will also consider a ground lease and may consider removal of the existing building for an acceptable long-term tenant and lease structure. Ground lease terms are negotiable. What distinguishes this opportunity is its location and flexibility. Rather than being limited to a single-use real estate strategy, 1730 Mountain City Highway offers existing infrastructure, established commercial surroundings, strong visibility and access, and the ability to evaluate the property from an operational, owner-user, investment, redevelopment, or ground-lease perspective. Property Highlights: ±0.46-acre commercial site; existing car wash improvements; Smith's-anchored retail location; adjacency to established national retailers and restaurants; excellent Mountain City Highway visibility; convenient I-80 access; proximity to Elko Regional Airport; multiple acquisition and occupancy strategies. Do not disturb any nearby occupants or access equipment without an appointment. Contact listing brokers for property information, equipment status, showing instructions and additional details. Buyer to independently verify all property information, zoning, permitted uses, building and land area, equipment condition, utilities, access and development potential.

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Courtesy of Ricci Rodriguez-Elkins and Keller Williams Group One Inc.. Contact:

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Data last updated on 06/28/2017.

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