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Downtown Office Building Opportunity
For Sale
$229,000

1 Main, Yerington, NV 89447

Ground-floor units are leased, while upper floors are not currently habitable due to heavy water damage.

Property Size11,388 SF
Price / SF$20.11
Days on Market110

Property Features for 1 Main

General Information

Standard status Active
Size 11,388 SF
Property subtype Commercial

Building Details

Year Built 1914
Listing Agency: RE/MAX Realty Affiliates
Listed By: John Fisher
Source: Ferrari-lund
Added: May 27 Changed: Sep 12 Last Checked: Sep 12 at 10:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Affiliates

Investment Insights

Based on property information with market context.

This downtown office building includes ground-floor units that are currently leased. The second and third floors have sustained heavy water damage and are not currently habitable.

The sale is priced based on the property’s current condition, and the seller has indicated that no repairs will be made.

The building is being offered for ownership with the existing leased space on the ground level, while the upper floors require remediation to be brought back into habitable condition.

Key Highlights

  • 1914 multi‑floor property in downtown Yerington
  • Ground‑floor units are leased
  • Second and third floors have had heavy water damage and are not currently habitable

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

380
Businesses Nearby

Demographics for 89447, NV

8,305
Population
3,878
Households
2.1
Avg Household Size
47
Median Age
13%
College-Educated
82%
High-School Grad
853.8 sq mi
ZIP Area
10
Density / Sq Mi
$52,553
Median Household Income
$30,802
Median Earnings
$803
Median Rent
$243,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Ground-floor units are leased, while upper floors are not currently habitable due to heavy water damage.
Where is this office building located?
The property is located at 1 Main Yerington, NV.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 1914 multi‑floor property in downtown Yerington; Ground‑floor units are leased; Second and third floors have had heavy water damage and are not currently habitable
More about this property
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