1421 Industrial Active

Gardnerville,NV 89410

$ 650000

- Bed

0 Bath

4642 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 4,642 sqft

Price per Sqft $140

MLS Listing ID 250057737

Year Built 1980

Annual Tax Amount $1,886

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 0.32

Property Sub-Type Industrial

Property Description

Investment Opportunity - Multi-Tenant Light Industrial Property Prime downtown location just off Industrial Way — a highly active commercial hub with quick access to major corridors, services, and workforce. This well-maintained, single-story light industrial building offers stable income today with meaningful upside potential. The property is currently leased to long-term tenants with rental agreements extending through May 2027, reflecting the strong demand for quality industrial space in this market. One unit is currently vacant and was utilized by the owner, providing a strategic opportunity for an investor to increase cash flow immediately through market-rate leasing or for an owner-user seeking space for their own operations. Property Highlights: Multi-tenant LI building with strong rental history Upside potential through lease-up of the vacant suite Flexible layout ideal for a wide range of industrial uses Bathrooms and heating in all units Individually metered for gas and electricity Tenants pay all utilities (NNN-style expense structure) Owner pays taxes and insurance 8' roll-up doors for each unit Excellent in-town location near downtown commerce, retailers, and services This property checks all the key boxes: solid tenant base, low maintenance layout, and immediate value-add potential. A smart buy for investors seeking dependable returns — or a fantastic opportunity for an owner-user to secure their own space while benefiting from stabilized rental income.

Location

State NV

County Douglas

Zoning General Industrial

Direction US 395 to Industrial Way to Industrial Court- Last building on the right.

Interior

Heating Fireplace(s),Natural Gas,Wall Furnace

Flooring Concrete

Fireplaces Number 1

Fireplace Yes

Laundry In Kitchen,In Unit

Exterior

Parking Features Alley Access,Accessible Parking,Asphalt,Gated,On Site

Utilities Available Electricity Connected,Internet Available,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected,Cellular Coverage

View Y/N No

Roof Type Asphalt,Composition,Pitched,Shingle

Garage No

Building

Lot Description Corner Lot,Cul-De-Sac,Level

Story 1

Foundation Slab

Water Public

Structure Type Masonite

Others

Tax ID 1220-03-310-033

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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