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31722081
32006438

460 W Main St, Fernley, NV 89408

RT
NV NV 143308
Reno/Tahoe Realty Group, LLC
Listed by Reno/Tahoe Realty Group, LLC
$2,000,000
76 days on market
Updated 51 days ago
Opportunity zone

Fernley Commerce Center

Details
APN 020-113-11
Property Type Retail
Sub Type Shopping Center
Square Footage 14,812
Units 12
Cap Rate 6.50%
Occupancy 92%
Tenancy Multi
Brand/Tenant Grace Baptist Church, Jackson Hewitt (+3)
Pro-Forma Cap Rate 6.53%
Pro-Forma NOI $130,652
Price per SqFt $135
Broker Co-Op Yes
Year Built 2005
Buildings 1
Stories 1
Acreage 0.340
Zoning C1
Parking Spaces 119 spaces
Parking Per SqFt 8.03
Ground Lease No

Prime Retail Investment in the Heart of Fernley

Marketing description

The Fernley Commerce Center offers a rare opportunity to acquire a well-located retail plaza along high-visibility W. Main Street in Fernley's growing downtown corridor. Built in 2005 and totaling 14,812 sq. ft. across 12 units, this center is home to five established tenants (occupying 11 units) spanning dining, services, and community-oriented uses—creating a stable foundation for long-term occupancy. Positioned on 0.34 acres with 119 shared parking spaces, the property features modern construction, ADA accessibility, central heating and cooling, fire sprinklers, and public utilities. Its strong street presence, easy access, and proximity to surrounding residential neighborhoods make it a consistent draw for both local traffic and destination customers. With its solid tenant mix, strategic location, and well-maintained condition, the Fernley Commerce Center stands out as a compelling retail investment in one of Northern Nevada's most active growth markets. Seller has 37 percent ownership of parking lot which is to be conveyed in purchase. Parking is open parking and shared with the bowling alley next door; parking count features is not exact.

Investment highlights

  • Annual Average Daily Traffic (Per NDOT) is 11,500
  • 5 established tenants occupying 11 of the 12 units

Listing Contacts

RT
NV NV 143308
Reno/Tahoe Realty Group, LLC
Listed by Reno/Tahoe Realty Group, LLC

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Zoning

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NZ SpecialNo Zoning
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Last updated Jan 29, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Rasner Team
License
NV 143308
Brokerage
Reno Tahoe Realty Group
Brokerage Phone
7754738899
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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