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    460 W Main St

    Fernley, NV 89408
    • $1,750,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 210004608
    UPDATED: 31 min ago
    $1,750,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,812
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2005
    County:
    Area:

    School Ratings & Info

    Description

    FULLY OCCUPIED! West Fernley shopping center built in 2005 features 12 units and is 100% leased. Great location with frontage along W Main St with 10,600+ daily traffic counts. Parking lot is shared with the bowling alley next door. CAP rate is based on current income/expenses and there is a lot of upside to improve as rents are under market and current owner pays all expenses except for electricity.

    Monthly Payment Calculator

    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Wood Team with RE/MAX Professionals. Real estate listings held by brokerage firms other than The Mike Wood Team with RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-13T21:19:53.407.
    www.renohousingmarket.com/homes/115965434
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    460 W Main St Fernley, NV 89408

    • Price: $1,750,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 210004608
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    14,812
    SQFT
    $118
    $/SQFT
    2005
    Built
    Neighborhood:
    Fernley
    County:
    Lyon
    Area:
    Fernley
    Property Description
    FULLY OCCUPIED! West Fernley shopping center built in 2005 features 12 units and is 100% leased. Great location with frontage along W Main St with 10,600+ daily traffic counts. Parking lot is shared with the bowling alley next door. CAP rate is based on current income/expenses and there is a lot of upside to improve as rents are under market and current owner pays all expenses except for electricity.
    Exterior Features

    Access Road Paved/Concrete Construction Wood Frame Exterior RockStucco Fenced None Foundation Concrete Slab Landscaped None Loading None Location Downtown AreaFree StandingShopping Center/Mall Parking Spaces 119 Roll Up Doors None Roof Flat Sprinklers None

    Interior Features

    Ceiling Height 8 To 10 Flooring CarpetCeramic TileSheet Vinyl Heating Cooling Electric Interior Walls Sheet Rock Restrooms Three Or More Stories 1 Story Water Heater Electric Windows Double Pane

    Property Features

    Access Public Commercial Type Commercial Common Area Facilities None Current Use Shopping Center/Mall Documents On File Financial StatementsRental/Leases Green Features None Hoa Fee 0 Included In Monthly Fees Exterior MaintenanceInsuranceReal Estate TaxesRoof MaintenanceSewerTrashWater Other Features Fire AlarmFire SprinklerSecurity Lighting Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Utilities City SewerCity/County WaterElectricityNatural Gas Wiring 101 To 200 Amps Zoning Actual Ci - General Commercial

    © 2021 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Reno/Tahoe Realty Group, Llc.

    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Wood Team with RE/MAX Professionals. Real estate listings held by brokerage firms other than The Mike Wood Team with RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-05-13T21:19:53.407.
     
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    The Mike Wood Team with RE/MAX Professionals
    5905 S Virginia Street
    Reno NV, 89502