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    FOR LEASE
    Casinos

    11 N Main St, Yerington, NV 89447

    32,573 SF 1.56 ac lot Built 1929
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US62-0864005
    Property summary
    AI-generated overview

    This exceptional retail property, located at 11 N Main St in Yerington, Nevada, offers a unique opportunity for restaurant or adaptable commercial use. Situated within the Pioneer Crossing Center, adjacent to the Pioneer Crossing Casino, this single-story building boasts a total of 43,617 square feet and comprises two suites. The available space is highly flexible, ranging from 4,954 to 10,642 contiguous square feet, allowing for customization to suit various business needs. A fully equipped kitchen and walk-in freezer are included, representing a significant advantage for food-related businesses. The versatile layout also accommodates light office use, adding to its appeal. The property is zoned CAS and features a convenient location in Lyon County (APN 001-152-38), with easy access and high visibility. Note that gambling activities are prohibited within the space. This presents a rare chance to establish a thriving business in a vibrant, established commercial center. The property's prime location and adaptable space make it an ideal investment for a variety of commercial ventures. The zip code is 89447.

    Property profile
    Verified
    Property type Casinos
    Use group CASINO
    Year built 1929
    Total area 32,573 SF
    Lot 1.56 ac (68,041 SF)
    Zoning code C2
    APN 001-152-38
    UPID US62-0864005
    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
    AI Approach AI
    $800k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $800k
    Owner & transaction history
    Yerington Gaming LLC · 8 yrs held
    Yerington Gaming LLC
    since 2017
    7 recorded transactions
    2021
    2018
    2017
    $2.4M
    2015
    2013
    $2.8M
    2013
    2013
    $277,177
    Zoning & alternative use
    C2 · Yerington, NV
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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