70 E Main St Fernley, NV 89408
This 960-square-foot commercial property, located at 70 E Main St in Fernley, Nevada, presents a unique investment opportunity. Situated on a 0.16-acre lot in the heart of Fernley's burgeoning business district, this property offers significant potential for a variety of commercial uses. Currently occupied by a tenant operating a Halloween haunt, the lease expires December 1st, 2024, providing a clear timeline for future plans. The building itself is described as structurally sound, though it is being sold "as-is." This presents a chance to acquire a well-located commercial space at a competitive price of $225,000. The property's Main Street location ensures high visibility and accessibility, making it an ideal spot for businesses seeking a prominent presence in a growing community. Given Fernley's expanding business landscape, this property is poised for significant appreciation. Investors and entrepreneurs alike will find this a compelling opportunity to establish or expand their commercial ventures in a dynamic and promising market. The "as-is" condition allows for creative redevelopment and customization to perfectly suit the buyer's vision. This is a rare chance to acquire a piece of Fernley's vibrant commercial core.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Fernley, NVFernley. 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.