1050 Allen Rd, Fallon, NV 89406-8901

Property Details for 1050 Allen Rd

Year built

1953

Construction

WOOD

Lot size

1.00 lot acres

Zone code

C2

Property type

Commercial real estate

APN

008-811-13

APU

881113

Description

This exceptional commercial investment opportunity in Fallon, Nevada, presents a rare chance to acquire a profitable property. The 3,000-square-foot building is situated on a one-acre lot at 1050 S Allen Rd and is currently leased to a long-term tenant operating a dry cleaning business. The tenant pays a monthly rent of $1,650, covering all utilities, providing immediate and consistent cash flow. The property's strong rental history makes it an attractive investment for both seasoned and new investors. Beyond the existing income stream, the expansive one-acre lot and versatile building offer significant potential for future development and increased profitability. Opportunities exist to add income streams through the construction of storage units or by converting the building to accommodate a different, potentially higher-yielding business. The property's location in Fallon offers easy access to major transportation routes and a growing local market. This is a turnkey investment opportunity with immediate returns and substantial upside potential. The asking price is $325,000. This property is priced to sell quickly, so don't miss this chance to secure a valuable asset in a thriving Nevada market.

Location Insight

City

Fallon

County

Churchill

State

Nevada

Longitude

-118.801

Latitude

39.4735

CBSA code

21980

CBSA name

FALLON, NV MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments