Raquel Cortez - Coldwell Banker Algerio / Q-Team Realty Logo
$1,320,000
( $154.19Per Sq Foot )
 $7,495 est/mo Sourced by Back At You

421 Court Street,Elko, NV 89801

Elko, NV 89801

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Description

Originally constructed in 1900, per county records, and thoughtfully renovated, 421 Court Street is a solid investment opportunity in the heart of downtown Elko. The property comes with a 5-year lease in place with options to extend - making it a true turnkey income producer from day one.The listing includes four parcels: the main office building, a landscaped yard, a hillside parcel, and a storage building for equipment or operational use. The main building has been well-maintained and updated while keeping its historic character intact. Located on Court Street in downtown Elko - the county seat and commercial hub of one of Nevada's busiest mining and ranching regions - the property offers strong visibility and a stable tenant base. If you're looking for a dependable income property with real bones in a working Nevada town, 421 Court Street is worth a serious look. This is an 8% cap rate for the leased spaces and $70,000 were given towards the 2 additional parcels.

Details

MLS #3627951
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive Under Contract
Year1900
Days On Site78
Listing Provided ByColdwell Banker Commercial Excel | Sierra Petersen

Features

Bath(s) 2 Total
SQ Feet8,561
ZoningZC
Acreage0.57

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingForced Air, Natural Gas

Exterior

Exterior FeaturesLandscaping, Mature Trees Landscape, Workshop
RoofClay, Membrane, Tile
Construction MaterialsBrick, Block, Stucco, Wood Siding
Foundation DetailsPoured

Other

List AorElko County Association Of Realtors

Taxes

Property6631

Area Information

StateNV
CountyElko
CityElko
Zip Code89801
AreaElko
SubareaTree Streets
Community NameZX Other/None
Listing VS Median (in ZX Other/None)
Price:
$1,320,000
low | high
Med:
$365,000
100% of Average
sqft:
8,561
low | high
Med:
8,400
51.880621422731% of Average
$ / sqft:
$154
low | high
Med:
$43
100% of Average
On site:
78
low | high
Med:
128
60.9375% of Average
Sourced by Back At You

Market Activity 89801

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Additional Information

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Elko County Association of Realtors.

Contact

Learn More About This Property

Raquel Hines

Raquel Hines

Coldwell Banker Excel

S.0198456 (775) 397-1229raquel@cbelko.com
StateNV
CountyElko
CityElko
Zip Code89801
AreaElko
SubareaTree Streets
Community NameZX Other/None
Listing VS Median (in ZX Other/None)
Price:
$1,320,000
low | high
Med:
$365,000
100% of Average
sqft:
8,561
low | high
Med:
8,400
51.880621422731% of Average
$ / sqft:
$154
low | high
Med:
$43
100% of Average
On site:
78
low | high
Med:
128
60.9375% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $990K - $1.65M
sqft: 6,000 - 10,500
Nearby Listings Property ImageNearby Listings Details
453 Idaho Street Property Photo 1
$599,900
453 Idaho Street
Elko, NV 89801
531 Court Street Property Photo 1
$650,000
531 Court Street
Elko, NV 89801
Listing Updated: July 9, 2026 at 2:08:47 PM PDT

Raquel Cortez - Coldwell Banker Algerio / Q-Team Realty