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Investment Property For Sale Near Downtown Reno
Location: United States -> Nevada -> Reno
Industry: Real Estate > Other Real Estate




Business Summary

Formerly know as Twin City Surplus a historical landmark in Reno for over 58 years. We are seeking to sell one parcel of property with 4th street frontage.
The land is .65 of an acre with a 7200 sqft building pre existing. This property has heavy foot traffic day to day from the previous business. (Won't last forever).

The area is developing with the new (brewers district) which is establishing slowly but surely.

Rented at $5,000 a month the property could produce a $60,00 yearly gross income.
Property tax sits at $3800 a year.

The asking price is $785,000.
We are motivated to sell!


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $60,000
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1944
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Age




Print Listing Id: 700341907
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > Nevada Businesses For Sale > Nevada Franchises For Sale > Nevada Business Brokers



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