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205 W Goldfield Ave
Yerington, NV 89447

$818,000 USD

Storefront Retail Office For Sale  •  8,390 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 8,390 SF
  • Lot Size 0.37 AC
  • Building Class C
  • Year Built 1983
  • Cap Rate 10.00 %
  • Tenancy Multiple
  • Zoning C1
0 Transit Score
54 Walk Score

Highlights

Growth Opportunity: Current rates are significantly below market value.
Currently performing near a 7% Cap with 2300SF vacancy, it has the potential to be a 10% Cap or more if fully leased
Located Along the Most Heavily Traveled Section of Road in Yerington

Financial Summary (Actual)

Net Operating Income: $81,832 USD (2024)
Cap Rate: 10.00 %
Total Expenses: $12,932 USD

Major Tenants

Tenant SF Occupied Lease End Date
State of Nevada Division of Child Welfare Services 2,350 SF 6/30/2027

Amenities

  • Pylon Sign
  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Corry Castaneda 775-745-2194 Chase International
Corry Castaneda 775-745-2194 Chase International