Mixed-Use Property on Main Street

280 E Main Street, Fernley, NV 89408

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For Sale

$1,775,000

COMMERCIAL - Fernley, NV

Property size:

6,075 SF

Lot size:

1.90 Acres

Price / SF:

$292/SF

HighLights

Multi‑parcel mixed‑use property on Main Street in Fernley, NV with 5 buildings on 1.9 acres across included parcels
Includes a 3‑bay service garage (1,632 SF), plus a service station office with covered fuel station (494 SF)
Residential/office buildings include a 896 SF residential‑to‑commercial conversion office and a 1,244 SF residence
Additional improvements include a propane filling station, enclosed cinderblock open‑air storage, and .57‑acre fenced and lit storage yard
Parking features include paved/surfaced, gated, assigned spaces, and a parking lot; utilities include public water and public sewer
Self‑service car wash is included but listed as not in service; 300 E Main St includes a land parcel leased from Union Pacific Railroad

We can help!

Listing Contact

Michelle Barney

For Sale

$1,775,000

COMMERCIAL - Fernley, NV

Property size:

6,075 SF

Lot size:

1.90 Acres

Price / SF:

$292/SF

Added:: Mar 6, 2026
Days on Market:: 108
Last Refresh:: Jun 22 at 5:06 am

Property Features for 280 E Main Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: C1
Parking features: Paved or Surfaced, Gated, Assigned, Parking Lot
Window features: Vinyl Frames
Standard status: Active
APN: 020-022-11
Size: 6,075 SF
Lot size: 1.90 Acres

Taxes and HOA fees

Tax Annual Amount: 7091

Utilities

Utilities: Cable Available
Sewer type: Public Sewer
Heating system: Natural Gas
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1948
Floors in Building: 1
Number of units: 6
Flooring type: Varies

We can help!

Listing Contact

Michelle Barney

Listing agent Michelle Barney License #B.143247

Listing office Century 21 Prime Nevada Prime Real Estate LLC 1044 Inglewood Dr,. STE 206, Fernley, NV

Listing date Mar 6, 2026

MLS# 260002476

Copyright © 2026 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.

HighLights

Multi‑parcel mixed‑use property on Main Street in Fernley, NV with 5 buildings on 1.9 acres across included parcels
Includes a 3‑bay service garage (1,632 SF), plus a service station office with covered fuel station (494 SF)
Residential/office buildings include a 896 SF residential‑to‑commercial conversion office and a 1,244 SF residence
Additional improvements include a propane filling station, enclosed cinderblock open‑air storage, and .57‑acre fenced and lit storage yard
Parking features include paved/surfaced, gated, assigned spaces, and a parking lot; utilities include public water and public sewer
Self‑service car wash is included but listed as not in service; 300 E Main St includes a land parcel leased from Union Pacific Railroad

Overview

This mixed-use property is situated on Main Street in Fernley, Nevada, and spans 1.9 acres across four parcels. The property includes five buildings, featuring a 1,632-square-foot, 3-bay service garage, a 494-square-foot service station office with a covered fuel station, an 896-square-foot residential-to-commercial conversion office, and a 1,809-square-foot mobile home. Additionally, there is an enclosed cinderblock open-air storage area and a propane filling station. Another building is a 1,244-square-foot residence with two storage sheds and a fenced yard. The property also includes a .57-acre fenced and lit storage yard and a self-service car wash that is not currently in service. The main parcels are divided by a .26-acre land parcel leased from Union Pacific Railroad. The property's frontage on Main Street offers potential for signage and visibility. Located less than 15 minutes from the Reno Tahoe Industrial Center, 30 minutes from Reno, and approximately 40 minutes from Fallon Naval Air Base, the property's zoning allows for multiple uses, making it suitable for expansion or redevelopment. The property includes parcels 020-022-11, 020-022-10, 020-101-08 and 020-101-07.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$145.8k	$24.00
− Vacancy	−$3.8k	−$0.62
EGI	$142.0k	$23.38
− OpEx	−$35.5k	−$5.84
NOI	$106.5k	$17.53

6,075 SF · lease $24.00/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.52M

$1.33M – $1.78M (±1% cap)

NOI $106,507 @ 7.0% cap · market cap 6.00%

Second Best

Retail

$1.10M

$960.9K – $1.28M (±1% cap)

NOI $76,874 @ 7.0% cap · market cap 4.33%

Theoretical Best

Office A

$1.87M

$1.64M – $2.18M (±1% cap)

NOI $131,057 @ 7.0% cap · market cap 7.38%

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

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Location Insight

Map
Local Demand

City: Fernley
County: Lyon
State: Nevada
Longitude: -119.247079
Latitude: 39.607942

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For sale
Mixed-use properties
NV
Fernley
89408
280 E Main Street

What type of property is this?

Mixed-use property - Multi-parcel property with mixed usage in Fernley, Nevada.

Where is this mixed-use property located?

The property is located at 280 E Main Street Fernley, NV.

What is the asking price?

The asking price for this property is $1,775,000.

What are key features of this property?

This property features: Multi‑parcel mixed‑use property on Main Street in Fernley, NV with 5 buildings on 1.9 acres across included parcels; Includes a 3‑bay service garage (1,632 SF), plus a service station office with covered fuel station (494 SF); Residential/office buildings include a 896 SF residential‑to‑commercial conversion office and a 1,244 SF residence

280 E Main Street, Fernley, NV 89408

COMMERCIAL - Fernley, NV

Property Features for 280 E Main Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Fernley Retail Investment Opportunity

Fernley Commercial Building For Sale

Industrial Property on 1.90 Acres

Main Street Retail Storefront

Fernley Mixed-Use Investment Opportunity

Fernley Industrial Building with Cranes

Fernley Office/Retail Building on Main

Fernley Townhome Development Site

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