45 Main St, Yerington, NV 89447-2230
This exceptional investment opportunity presents a well-established casino in Yerington, Nevada, boasting a rich history spanning over 86 years. Situated on a prominent Main Street location, this substantial property encompasses 29,379 square feet and sits on a generous 1.59-acre lot comprised of 11 parcels. The casino features a fast-paced gaming floor with over 165 gaming machines, including the latest slots, video poker, and keno. Beyond the gaming area, the property includes a fully operational bar and restaurant, providing additional revenue streams and customer convenience. A dedicated poker room caters to a specific clientele, enhancing the overall entertainment offerings. Ample on-site parking ensures easy access for patrons. The property also includes office and storage facilities, providing essential operational support. This turnkey operation is priced to sell, representing a significant opportunity for an investor seeking a profitable and established business in a prime Northern Nevada location. The substantial size and diverse amenities of this casino make it a truly unique and attractive investment prospect. The property's long-standing history and proven profitability make it a compelling opportunity for a discerning buyer. This is a rare chance to acquire a well-established and successful casino business with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Yerington, NVYerington. Always verify with local authorities before improvements.
Costs & 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.