405 Main StYerington, NV 89447

Property Details for 405 Main St

Year built

2008

Lot size

0.38 AC

Property size (Sq ft)

4,727 SF

Zone code

C1

Property type

Office buildings

APN

001-257-03

APU

125703

Description

This exceptional 4,727 square foot commercial building is ideally situated on Main Street in Yerington, Nevada. The property boasts a prominent location with high visibility and ample parking, a significant advantage for any business. Currently configured as a veterinary clinic, the building's adaptable interior presents a wealth of possibilities for a variety of commercial uses. The absence of load-bearing interior walls allows for flexible space planning, making it suitable for medical facilities, offices, or retail establishments. The building sits on a 0.38-acre lot, providing generous parking and potential for future expansion or outdoor amenities. The asking price is $650,000. This presents a unique opportunity to acquire a well-located, versatile commercial property in a thriving Nevada community. The building's size and adaptable layout offer significant potential for return on investment. Its prime Main Street location ensures high foot traffic and excellent visibility, making it an attractive proposition for businesses seeking a strong presence in Yerington. The ample parking further enhances its appeal to both employees and customers. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy and offers a chance to establish or expand a business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,069,090

  6.5%

  $986,848

  7%

  $916,359

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,082,440

  Geo Method

  $1,082,440

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,994,420

  Retail / Commercial

  $1,012,640

  Mixed-Use / Specialty

  $1,001,080

  Hospitality / Lodging

  $724,106

  Institutional / Educational

  $1,037,870

  Residential Income

  $1,214,310

  Multifamily

  $1,500,460

  Automotive / Energy

  $889,607

  Parking / Income-Based Land

  $314,848

  Restaurant / Food Service

  $503,699

  Healthcare / Senior Housing

  $1,034,740

Location Insight

City

Yerington

County

Lyon

State

Nevada

Latitude

38.9815

Longitude

-119.164

CBSA code

22280

CBSA name

FERGUS FALLS, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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