Share This Listing

Message

935 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Topaz Joe's/NV Trading Co 3900 Carter Way 6,680 SF Retail Building Wellington, NV 89444 $1,813,760 CAD ($271.52 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Strong local repetitive customer business established over past 26 years under current owner
  • Adjacent to local Fire Department Firehouse
  • 38K back-up generator in place to run all operational needs of business
  • Continued influx of new people moving into the TRE and surrounding areas bolstering new business opportunities for local businesses
  • 10 minutes to Lake Topaz, 25 minutes to Gardnerville and Minden, 45 minutes to Lake Tahoe
  • Outdoor patio adjacent to bar for additional seating/BQ/parties

EXECUTIVE SUMMARY

-Topaz Joe’s / Nevada Trading Company is a combined bar, grill, casino and grocery business with gross revenues of over $1 million a year with double digit gross sales increases for the past 3 years.
-The business property which is 2 acres is located in Topaz Ranch Estates/ Lake Topaz, Nevada.
-The gaming rights on the property are of a Gaming Overlay Non-restricted license which is extremely difficult to secure in Nevada without having to build a hotel on the property.
-The combined bar/casino/grocery are in two attached buildings with close to 5000 square feet under roof.
-There is an additional storage building on the property in excess of 2400 square feet that has potential revenue opportunities in an enclosed storage application or get creative in improving to host a new retail venue.
-This property has close to one acre of still to be utilized property as a potential revenue recourse, ie RV day parking, self-storage units, or extended outdoor hospitality park incorporating green space and repurposing of outdoor building to house bar and seating area.
-Attached plot plan shows previous conceptual ideas for hospitality application. Bring your vision and take this property to the next level!
-Bar includes 13 drop-in poker machines, 14 slant top poker machines, full grill and hood for food service, table seating for up to 26 customers
-Grocery includes full service cold reach-ins, liquor and grocery gondolas, deli & seating, manager office

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
6,680 SF
Building Class
C
Year Built
1971
Price
$1,813,760 CAD
Price Per SF
$271.52 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.00 AC
Zoning
T-C
Parking
18 Spaces (2.69 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1022-15-001-104
Land Assessment
$26,157 CAD
Improvements Assessment
$139,978 CAD
Total Assessment
$166,135 CAD
  • Listing ID: 29168180

  • Date on Market: 2023-08-02

  • Last Updated:

  • Address: 3900 Carter Way, Wellington, NV 89444

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}