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    150 Main St Tonopah, NV 89049

    For Sale
    $225,000

    Nevada landmark, prime downtown location.

    Property size:
    4,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This iconic two-story, 4,300 square foot building, constructed in 1920, is situated on a 0.1-acre lot at 150 N Main St, Tonopah, NV 89049. The property, zoned for mixed-use (office, retail, hospitality), presents a unique investment opportunity. Currently configured as a storefront and traditional office space, it offers significant potential for adaptive reuse. The building's solid stone and concrete construction provides a durable foundation for various commercial ventures. Its prime location on Main Street/US Highway 395, adjacent to the Historic Mizpah Hotel, ensures high visibility and accessibility. The building features multiple 200- and 100-amp electrical locations. The asking price is $225,000, translating to $52.33 per square foot. This represents a chance to own a piece of Nevada history and capitalize on Tonopah's downtown revitalization. The property is offered as an owner/user investment.

    Property Features for 150 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,300 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Prime Main Street location adjacent to the Historic Mizpah Hotel.
    • Multiple 200- and 100‑amp electrical service locations throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Tonopah
    County
    Nye
    State
    Nevada
    Longitude
    -117.2310558
    Latitude
    38.0690654

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    FAQs

    What type of property is this?
    Individual retail property - Nevada landmark, prime downtown location.
    Where is this individual retail property located?
    The property is located at 150 Main St Tonopah, NV.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Prime Main Street location adjacent to the Historic Mizpah Hotel.; Multiple 200- and 100-amp electrical service locations throughout.;
    Request Owner's contact information
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    Tonopah, NV 89049
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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
    150 Main St Tonopah, NV 89049
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