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$ 875,000
Est. payment /mo
Active
205-209 W Goldfield Avenue Yerington, NV 89447
8,390 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,390 sqft
Price per Sqft $104
MLS Listing ID 250001678
Year Built 1983
Lot Size 0.373 Acres
Acres 0.373
Property Sub-Type Retail
Property Description
For Sale: Prime Multi-Tenant Retail & Office Investment Property with Warehouse Storage centrally located in Yerington. This property currently yields a 6.86% cap rate and features stable cash flows with long-term tenants including the State of Nevada. The property offers excellent visibility on a main road in Yerington and includes 2,300 SF of vacancy, providing significant potential for an owner user or value-add 10%+ cap rate if fully leased up. The .373 Acre parcel features two contiguous buildings that total 8,390 SF, a small rear loading area, and asphalt parking area in front of the building. The first building is a 4,650 SF corner office/retail building constructed in 1990 and anchored by long term tenant State of Nevada Division of Child Welfare Services and approximately 2,300 SF vacant office available in the adjacent suite next door. The 2nd building was originally built in 1983 and the 3,740 SF inline office/retail building currently has 3 tenants with rear warehouse access, and one (1) small rollup door. Additional benefits include ample parking on property and two prominent signage opportunities. Zoned C-1 General Commercial.
Location
State NV
County Lyon
Zoning C-1 Gen Comm
Interior
Interior Features Sheet Rock
Heating Central Refrig A/C
Flooring Carpet, Ceramic Tile, Concrete, Sheet Vinyl
Exterior
Exterior Feature Brick, Stucco
Fence None
Utilities Available Cable, City Sewer, Electricity, Natural Gas, Telephone, City/County Water
Roof Type Membrane,Metal
Total Parking Spaces 16
Building
Story 1 Story
Foundation Concrete Slab
Level or Stories 1 Story
Structure Type Masonry
Others
Tax ID 00105202
SqFt Source 8390
Special Listing Condition None
Listed by Chase International-Damonte