111 Allen Rd Fallon, NV 89406-5219
This exceptional turnkey restaurant opportunity in Fallon, Nevada, presents a rare chance to acquire a well-established eatery. Located at 111 South Allen Road, this 3,771 square foot property sits on a 0.24-acre lot (10,454 square feet) and is zoned C2. Originally built in 1974, with additions in 1980 and 1984, the building boasts a rustic charm with wood flooring, a full bar, ample seating, a large cafeteria-style dining area, a kitchen complete with a walk-in pantry, a small office, and two bathrooms. The property's prime location is just two blocks south of the Reno Highway, providing convenient access and ample parking. Surrounding businesses include a hotel to the west and other retail and restaurants to the north, with retail, residential, and vacant land to the south. The asking price is $649,000, translating to $172.10 per square foot. This meticulously maintained property is in excellent condition and ready for immediate occupancy, making it an ideal investment for an experienced restaurateur seeking a move-in ready establishment. The property's APN is 001-251-33. A virtual tour is available.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Fallon, NVCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.