200 Goldfield Ave Yerington, NV 89447
- Commercial real estate
- 1,900 SF
- 0.50 lot acres
Oct 03, 2023
Current Use by Public Records
- Commercial real estate
Property Details for 200 Goldfield Ave
- Year built
- 1986
- Lot size
- 0.50 lot acres
- Property size
- 1,900 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 001-011-23
- APU
- 101123
Description
This profitable Yerington, Nevada, business opportunity includes both the real estate and the established car wash and laundromat. The 3,060 square-foot property, situated on a 0.5-acre lot at the intersection of West Goldfield Avenue (Highway 95) and Pizen Switch Road, boasts excellent visibility and accessibility. The 1,960 square-foot laundromat features 22 front-load washers and 20 dryers, with current wash rates offering significant upside potential. The 1,100 square-foot car wash includes three self-service bays, each priced at $2.00 per wash, and two coin-operated vacuums. Built in 1986, the steel and brick buildings with metal roofs are in excellent condition, requiring minimal capital expenditures. Recent improvements include fresh interior paint in the laundromat and the addition of a snack vending machine. The property benefits from a ductless mini-split HVAC system, a restroom, and outdoor seating. Located in Yerington's primary retail corridor, this business enjoys proximity to major retailers such as Raley's, McDonald's, and others. The asking price is $650,000, representing a 9.18% cap rate and offering a strong return on investment with opportunities for increased profitability. The property is zoned General Commercial and is offered fee simple. The APN is 001-011-23. This turnkey operation is ready for a new owner to step in and capitalize on its established success and growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $685,000
- ML approach
- $600,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Yerington
- County
- Lyon
- State
- Nevada
- Longitude
- -119.166
- Latitude
- 38.9942
- CBSA code
- 22280
- CBSA name
- FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA