501 Main St Eureka, NV 89316
- Commercial real estate
- 2,268 SF
- 0.39 lot acres
Current Use by Public Records
- Clementine's Restaurant / Family Restaurant
Property Details for 501 Main St
- Year built
- 1989
- Lot size
- 0.39 lot acres
- Property size
- 2,268 SF
- Property type
- Commercial real estate
- APN
- 001-167-01
- APU
- 116701
Description
This exceptional 2,282 square foot commercial property, located at 501 S Main in Eureka, Nevada, presents a lucrative opportunity for food service entrepreneurs. Situated on a 0.39-acre lot, this established restaurant boasts a prime Main Street location, ensuring high visibility and access to a built-in customer base. The spacious interior comfortably accommodates diners, creating a pleasant and inviting atmosphere. The well-maintained kitchen is fully equipped for efficient food preparation and service, ready to handle a bustling operation. The charming exterior enhances the property's curb appeal, attracting potential customers. This turnkey operation is ideal for restaurateurs looking to establish or expand their business, or for those with a vision to reimagine the space and create a unique culinary experience. The asking price is $325,000. This is a rare chance to acquire a thriving business in a desirable Nevada town. The property's size and location make it an excellent investment opportunity with significant potential for growth and return. Don't miss this chance to own a piece of Eureka's culinary landscape. The property is ready for immediate occupancy and offers a seamless transition for new owners.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $280,000
- 7%
- $250,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $315,000
- Mixed-Use
- $325,000
- Hospitality
- $335,000
- Educational
- $270,000
- Residential Income
- $270,000
- Energy
- $255,000
- Income-Based Land
- $310,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Eureka
- County
- Eureka
- State
- Nevada
- Longitude
- -115.96
- Latitude
- 39.5085
- CBSA code
- 21220
- CBSA name
- ELKO, NV MICROPOLITAN STATISTICAL AREA