Property profile

501 Main St Eureka, NV 89316

OFF-MARKET
Commercial real estate
Property ID
US62-0557571
2,268 SF 0.39 ac lot Built 1989
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,282 square foot commercial property, located at 501 S Main in Eureka, Nevada, presents a lucrative opportunity for food service entrepreneurs. Situated on a 0.39-acre lot, this established restaurant boasts a prime Main Street location, ensuring high visibility and access to a built-in customer base. The spacious interior comfortably accommodates diners, creating a pleasant and inviting atmosphere. The well-maintained kitchen is fully equipped for efficient food preparation and service, ready to handle a bustling operation. The charming exterior enhances the property's curb appeal, attracting potential customers. This turnkey operation is ideal for restaurateurs looking to establish or expand their business, or for those with a vision to reimagine the space and create a unique culinary experience. The asking price is $325,000. This is a rare chance to acquire a thriving business in a desirable Nevada town. The property's size and location make it an excellent investment opportunity with significant potential for growth and return. Don't miss this chance to own a piece of Eureka's culinary landscape. The property is ready for immediate occupancy and offers a seamless transition for new owners.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Total area 2,268 SF
Lot 0.39 ac (16,988 SF)
APN 001-167-01
UPID US62-0557571

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

501 Main St Eureka, NV 89316
Eureka metro Census 100 ELKO, NV MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2021
Last sale
$250,000
4 recorded transactions
2022
Price N/A
2021
$250,000
2016
$250,000
2011
$375,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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