Excellent investment opportunity in the heart of Carson City's established retail corridor. Located at 1820 E. William Street, this approximately 4,038 SF multi-tenant retail property offers stable income with a strong 5.38 percent cap rate and long-standing tenant history. The property is anchored by Little Caesars, featuring a highly desirable drive-thru component, along with La Michoacana Paleteria, a popular specialty dessert and ice cream tenant serving the growing local community. Positioned along heavily traveled E. William Street with excellent visibility, access, and surrounding commercial synergy, the property benefits from consistent consumer traffic and a central Carson City location. This well-located asset presents an attractive opportunity for investors seeking reliable cash flow, established tenancy, and long-term upside in Northern Nevada's capital market.
| MLS # | 260007032 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | N/A |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 88 |
| Listing Provided By | Hilderbrand Property Management | Jennifer Hilderbrand |
| SQ Feet | 4,038 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | GC |
| Acreage | 0.44 |
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Refrigerated |
| Cooling Yes / No | Yes |
| Window Features | Metal Frames |
| Fireplace Yes / No | No |
| Roof | Membrane |
|---|---|
| Lot Features | Landscaped, Level, Sprinklers In Front, Sprinklers In Rear |
| Construction Materials | Stucco |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Slab |
| Fencing | Chain Link |
| Parking Features | Off Street, Parking Lot, Paved |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Property | 5596 |
|---|
| State | NV |
|---|---|
| County | Carson City |
| City | Carson City |
| Zip Code | 89701 |
| Area | Carson City |
| Listing VS Median (in 89701) | |
Price: $1,650,000 low | high Med: $499,000 sqft: 4,038 low | high Med: 1,907 $ / sqft: $409 low | high Med: $262 On site: 88 low | high Med: 124 | |
| State | NV |
|---|---|
| County | Carson City |
| City | Carson City |
| Zip Code | 89701 |
| Area | Carson City |
| Listing VS Median (in 89701) | |
Price: $1,650,000 low | high Med: $499,000 sqft: 4,038 low | high Med: 1,907 $ / sqft: $409 low | high Med: $262 On site: 88 low | high Med: 124 | |