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    205-209 W Goldfield Ave Yerington, NV 89447

    For Sale
    $818,000

    SINGLE_FAMILY - Yerington, NV

    Type:Retail
    Property size:
    8,390 SF
    Lot size:
    0.37 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 205-209 W Goldfield Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Window features
    Double Pane Windows
    Zoning
    C-1 Gen Comm
    APN
    001-052-02
    Parking
    16
    Size
    8,390 SF
    Lot size
    0.37 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1983
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Tile - Ceramic, Vinyl, Carpet, Concrete
    Building materials
    Brick, Stucco
    Roof type
    Metal, Membrane

    Chase International Real Estate (866) 889-4817 [email protected]

    Listing agent Corry Castaneda (775) 745-2194 License #B.1001732

    Listing date May 28, 2025

    Copyright © 2025 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Tenant Retail & Office Investment

    This multi-tenant retail and office investment property is centrally located in Yerington. The property yields a 6.86% cap rate and features stable cash flows with long-term tenants, including the State of Nevada. It offers visibility on a main road and includes 2,300 square feet of vacancy, providing potential for an owner-user or value-add opportunity with a potential 10%+ cap rate if fully leased. The 0.373-acre parcel features two contiguous buildings totaling 8,390 square feet, a small rear loading area, and an asphalt parking area in front. The first building, constructed in 1990, is a 4,650-square-foot corner office/retail building anchored by the State of Nevada Division of Child Welfare Services, with approximately 2,300 square feet of vacant office space available in the adjacent suite. The second building, originally built in 1983, is a 3,740-square-foot inline office/retail building with three tenants and rear warehouse access, including one small rollup door. Additional benefits include ample parking and two prominent signage opportunities. The property is zoned C-1 General Commercial and intended for commercial use.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yerington
    County
    Lyon
    State
    Nevada
    Longitude
    -119.1659063
    Latitude
    38.9936553

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    FAQs

    What type of property is this?
    Retail property - Prime investment property in Yerington with stable cash flows.
    Where is this retail property located?
    The property is located at 205-209 W Goldfield Ave Yerington, NV.
    What is the asking price?
    The asking price for this property is $818,000.
    What are key features of this property?
    This property features: - Stable cash flows with long-term tenants, including the State of Nevada.; - Significant value-add potential with 2,300 SF of vacancy, offering a potential 10%+ cap rate if fully leased.; - Prime location with excellent visibility on a main road in Yerington.
    (775) 745-2194
    Request Owner's contact information
    205-209 W Goldfield Ave Yerington, NV 89447
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205-209 W Goldfield Ave Yerington, NV 89447
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