200 W Goldfield - Retail FOR SALE


Yerington, NV 89447
$650,000 USD
775-348-5234
200 W Goldfield, Yerington, NV for Sale
$650,000 USD
Retail - FOR SALE
1/4
null | 9.53% Cap Rate

200 W Goldfield
Yerington, NV 89447


HIGHLIGHTS

  • - Located Along the Most Heavily Traveled Section of Road in Yerington
  • - Upside Potential: Rates Are Well Below Market
  • - Metal and Brick Construction

OVERVIEW

The subject property consists of a 1,960 square-foot laundromat and a 1,100 square-foot car wash situated on a 0.50 acre lot in Yerington, Nevada. The property is located at the intersection of West Goldfield Avenue (Highway 95) and Pizen Switch Road, and has excellent ingress & egress from both roads. This offering includes both the business and real estate . Originally constructed in 1986, this property has successfully operated as a car wash & laundromat for decades and is well-known locally. This offering provides upside to a new owner, as the current laundry wash rates are $2.50 - still well below market. The Laundromat operates with twenty-two front load washers, and has twenty dryers. The building has a ductless mini-split for heating and air, a restroom, and outdoor seating ensuring a comfortable experience for customers. The car wash consists of three bays, which are all self-service. They are currently coin operated, and are priced at $2.00 per wash. There are also two coin-operated vacuums available for use. The interior of the laundry building was recently painted, and a vending machine for snacks was just added in recent months (which will be included in the sale). The car wash and laundromat are steel and brick construction with metal roofs, ensuring the property can be operated with little capital expenditures beyond the washer & dryers. Priced at $650,000, Pizen Switch Laundry Mat & Car Wash offers a purchaser an established business with near-term opportunities to improve returns.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$212 USD /SF

CAP RATE

9.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

General Commercial

APN/PARCEL ID

001-011-23

ASK ABOUT THIS PROPERTY

Bret NicholsonMarcus & MillichapMore Info
775-348-5234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Bret NicholsonMarcus & MillichapMore Info
775-348-5234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.