Property Overview
Price/Rent PSF Inquire
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 4,764
Date Available 03/27/2019
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Floors 2
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550 W. Washington Street is located in a growing residential and retail sub-market at the southwest end of Carson City, the State Capital of Nevada, within a short distance from major employment centers, shopping, recreational areas, schools, parks, and the downtown corridor. Carson City is home to 789 acres of city park land, 30 park locations, 15 ski areas within 35 to 60-minute drives, three museums and the beautiful Carson River flowing along the east side of town. Lake Tahoe is just a 30-minute drive from the subject, offering many great recreation opportunities such as Montbleu, Harvey’s and Harrah’s.

Carson City sits in Carson City County and is centrally located in northern Nevada, bordered by Washoe and Storey Counties to the north and Douglas County to the south. The City continues to be a community focused on creating and sustaining job growth with a great entrepreneurial spirit. With a population fast approaching 55,000, the City has a more diversified economy than other cities throughout the State. According to the Governor’s report on “Excellence in Economic Development,” Carson City is poised for rapid expansion in digital high-tech jobs, as well as manufacturing. With aggressive incentive programs and a business-friendly approval process, Carson City is well-positioned to meet the needs of existing businesses while attracting new business. The property is within the Carson County School District with Fremont, Bordewich, and Bray Elementary Schools, Carson Middle and Carson High schools nearby.

550 W. Washington Street is a mixed use investment opportunity offering three large units composed of one, one bedroom/one
bathroom unit and two two bedroom/two bathroom units. Included in this offering is one 1,750 SF office suite ready for use. This could easily be devised to two, two bedroom and bath units.