Investment Overview

The Subject Property, 5951 US Highway 50, is a 15,460-square-foot commercial building situated on 1.86 acres in Carson City, Nevada. The subject property is located along Highway 50, with over 26,000 cars per day seeing the property each day. The existing building was completed in 1980, using masonry and steel construction. The building is well-suited for a number of uses, and was most recently operated at a pawn business for over 30 years. It has a large showroom and ample storage to hold excess inventory. In addition, the large lot provides plenty of space for customer parking and outdoor storage. Highway 50 has always been one of Northern Nevada’s primary highways but has become increasingly popular in recent years as Carson City, Mound House, and Dayton have experienced vast growth. The close proximity to the Carson City Airport, I-580, and a variety of other commercial users further improve the function of this site. Carson City is Nevada's state capital. It is conveniently located 30 miles south of Downtown Reno, and just 20 miles east of Lake Tahoe. The entire Northern Nevada Region, including Carson City, has seen tremendous growth in recent years due to an influx of companies seeking a business-friendly tax climate and laws. The addition of companies with an international presence in technology, manufacturing, distribution, medicine, and more has given Northern Nevada a robust, diversified economy. Priced at $2,250,000, or $145.54 per square-foot, this property offers a purchaser the opportunity to acquire a versatile asset that is priced far below replacement cost.