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Property profile & analytics
OFF-MARKET
Commercial real estate

16 Hwy 208 Hwy Yerington, NV 89447

4,852 SF 1 ac lot Built 1978
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1978
Total area 4,852 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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