16 Hwy 208 Hwy Yerington, NV 89447
- Commercial real estate
- 4,852 SF
- 1.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 16 Hwy 208 Hwy
- Year built
- 1978
- Lot size
- 1.00 lot acres
- Property size
- 4,852 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 16 HWY 208 in Yerington, Nevada, presents a unique investment opportunity. The 4,852 square foot building currently operates as a saloon/restaurant, enjoying a prime location on a main street in the county seat. Situated on a one-acre lot, this versatile property offers significant potential for a variety of uses. The existing structure is well-suited for continued operation as a bar and restaurant, with ample space for a banquet hall. Alternatively, the layout could easily accommodate a church or other similar establishment. A significant advantage is the presence of a long-term tenant occupying half of the building, providing immediate and consistent rental income. This allows a new owner to generate revenue while developing and utilizing the remaining space for a separate business venture. The property's central location in Yerington ensures high visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The substantial size of the building and the expansive one-acre lot offer considerable flexibility and room for expansion or modification to suit individual needs. This is a rare opportunity to acquire a well-established commercial property with substantial income potential and diverse usage possibilities in a thriving Nevada community. The asking price is $385,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Yerington
- County
- Lyon
- State
- Nevada
- Longitude
- -119.165
- Latitude
- 38.9153