1925 E Prater Way - Office FOR SALE


Sparks, NV 89434- Sparks Marina
$3,555,900 USD
775-772-8638
1925 E Prater Way, Sparks, NV for Sale
$3,555,900 USD
Office - FOR SALE
1/52
null | Request Cap Rate

NEW


1925 E Prater Way
Sparks, NV 89434
Sparks Marina


HIGHLIGHTS

  • 2 Separate Buildings with 2 Separate Addresses on 1 Lot
  • 1 acre lot
  • 1150 Sq. Ft. secure fully insulated Garage Workshop
  • Fenced and Gated 42 slot parking lot with security features
  • 28,000 cars per day traffic count

OVERVIEW

This property is two buildings and two separate addresses on the same lot and totals 13,201 sq. feet. That is uncommon and very valuable if you use it properly. 42 parking spaces, and about half are behind a fenced and gated lot. Includes a fully insulated and finished 1150 Sq. Ft. garage with double garage doors and high ceilings included in the square footage. In 2010, the traffic count was 26,000-28,000 cars a day. Our population is much larger now. So, the location is excellent for business visibility and easy to get to. I-80 and Vista Blvd is 1.1 miles away. This property is located between Vista and Sparks Boulevard on E. Prater Way. Tahoe Reno Industrial Center is 15 miles away to the east. Our nearest neighbor to the west is the Sparks Police Department. The buildings are well lit at night so crime and vagrancy have been non-existent. Building can come with all or none of the furnishings. It can come with or without the existing business and tenants. All are short-term leases or memberships. Write your offer based on what you need. If you’d like to continue the Coworking Center, in Sparks, businesses are only allowed to have one business license at their residence. So, whenever someone applies to add a second business, this is the option that allows them to affordably add another business. It serves as their business address and they also have access to conference rooms, copiers, and an Executive Office to meet new clients, etc... In short, the business helps them look good while they grow too. This property is home to the only real Coworking center in Sparks and business is growing every week because it is a great option in the area and has been around since 2019. Visitors, Guests and Members say that the center is the most comfortable and unlike any other Coworking center they’ve ever been to. They do seminar events, trainings and art shows that bring in the public for networking events for their Members and business. You can buy this property and move your business here and do the same things or be creative and expand it more. Professional architect design plans and permits started to add a fun local coffee bar with a loft area and extra bathrooms to the front building which come with the sale. Opening up this additional space would get you another 4-6 office spaces, loft space and more revenue from events and workshops and cafe income. The two buildings are linked by a fiber optic network and a 2 Gigahertz Mesh WiFI network that covers the whole property for non-interrupted WiFi as you navigate about the campus. The property was professionally painted just in the last two years. Roof is in great shape. All the skylights are leak free. There's even a full kitchen with a rear patio BBQ area. The price includes desks, stationary, copiers, large matrix copiers and scanners, snow blower, mop bucket, dishes, artwork, everything you need to just step in, move your business here and enjoy the revenue from the Members while you grow your business and expand. The rear building and part of the front building is also wired for a robust camera system for security. Come take a private tour. This property is unique and gets more amazing the more you walk thru it. Call Now and set the appointment. It’s an amazing space. Call Now!

FOR SALE DETAILS

PRICE

$3,555,900 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

PO

APN/PARCEL ID

037-350-02

ASK ABOUT THIS PROPERTY

Allan ZaneAtlas Red RealtyMore Info
775-772-8638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Allan ZaneAtlas Red RealtyMore Info
775-772-8638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.