460 W Main St Fernley NV 89408

460 W Main St. Fernley, Fernley, NV 89408

Property Information

  • For Sale $2,000,000
  • Property Type Retail
  • Property Size 14,812 SF
  • Lot Size 0.34 Acre
  • Cap Rate % 6.5
  • Rental Income / YR $170,911.00
  • NOI / YR $130,652.00
  • Taxes / YR $17,376.05
  • Zoning C1
  • # of Floors 1
  • Parking Spaces Avail. 119
  • Parking Ratio 8.03 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 2005
  • Date Updated May 15, 2026
  • Visibility/Traffic Count (VPD) 11,500

Description

Prime Retail Investment in the Heart of Fernley! 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.

Contacts

Rasner Team

Reno/Tahoe Realty Group

Broker/Owner, CCIM

Location

Contact Listing Broker
Rasner Team

Reno/Tahoe Realty Group

Broker/Owner, CCIM

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