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$1,250,000
260009967 MLS
Rare mixed-use, owner-user, investment, and redevelopment opportunity near Downtown Reno. Situated on a prominent, level corner lot at West 2nd and Gardner Streets, this distinctive historic property combines existing residential income, flexible commercial space, substantial storage, and long-term development potential. The main floor and basement were most recently used as professional office and storage space. The main level has partially updated electrical, Ethernet wiring, a dedicated server closet, hardwired perimeter security cameras, and upgraded 200-amp electrical service. The existing layout may suit professional offices, creative space, live-work use, convert back to residential use, or other commercial purposes. Space beside the front entry steps may also accommodate a future ADA-accessible ramp. The second floor contains two residential units: a recently updated studio and a partially updated one-bedroom unit. The studio, main floor, and basement are vacant, offering flexibility for an owner-user, investor, or developer. The one-bedroom unit is leased through the end of the year. A detached three-car garage at the rear is currently used for storage. The basement provides additional storage and improvement potential, was previously used years ago as a 1 bedroom apartment. The property is zoned General Commercial, allowing potential for a broad mix of residential, office, retail, commercial, employment, and service-oriented uses. Buyers may consider adaptive reuse of the existing structure, expansion, or a larger ground-up project. Current zoning standards may permit residential density of up to 45 dwelling units per acre and building height up to 65 feet! Directly across Gardner Street is a Lumen fiber connection spanning San Francisco to New York as well as another fiber line connecting Reno to Southern California, this infrastructure may appeal to technology, communications, professional-service, or infrastructure-oriented users. A mature, city-maintained maple tree along the east side provides abundant shade and adds character to the property. Conveniently located near Downtown Reno, the Truckee River corridor, medical services, restaurants, employment centers, and regional transportation access. The property sits immediately outside the Keystone West border of the current Qualified Opportunity Zone. A new federal 10-year Qualified Opportunity Zone designation cycle is scheduled to begin January 1, 2027, which if included could allow for significant upside potential. A unique opportunity for an owner-user, investor, or developer seeking immediate utility, existing income, flexible occupancy, substantial storage, and long-term upside. Buyer and buyer's agent to independently verify zoning, permitted uses, residential unit legality, leases, square footage, development standards, utilities, fiber availability, and all information provided. Listing Agent and Listing Broker have an ownership interest in the property.

1105 W 2nd St, Reno

$1,350,000
260005220 MLS
Well priced nine-unit investment property with a proven track record of generating stable income. There are 3 buildings on site: a 5-plex and 2 duplexes. New roofs installed on 5plex and one duplex within the last two years. The close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.5 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating over one hundred six thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.

747 Willow St Unit 1-11, Reno

$1,862,000
260005217 MLS
Well priced twelve-unit investment property with a proven track record of generating stable income. There are 4 buildings on site: a 4-plex a 2-plex, and two 3-plexes. Units range from studios to two-bedrooms, and two units have private yards. There is a fully fenced yard area in the center of the property. New roof installed on one 3-plex within the last two years. Close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.6 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating nearly one hundred and fifty thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is just over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.

921 Willow St Unit 911-921, Reno

$140,000
260004589 MLS
Why Rent when you can own! Welcome to Big Box Storage Condos that is built for the storage of boats, RV's vehicles and general storage needs. The facility will provide an all-inclusive solution consisting of large individual storage units within a secure gated complex. This unit is 14.5 x 40 ! The storage units are individual commercial storage condos. The units include automatic overhead garage doors and openers, security cameras for the facility, a fully gated and secure complex, a commercial wash bay, dump station, showers and a commercial management association to maintain the complex. The buyers will pay a fee of 1-1.5 percent of sales price to the Capital Reserves/Admin for the CAM. Luxelocker Spanish Springs is located directly off of Highway 445 and Ingenuity Ave

11440 Digital Ct Unit # A5, Sparks

$135,000
260004396 MLS
Why Rent when you can own! Welcome to Big Box Storage Condos that is built for the storage of boats, RV's vehicles and general storage needs. The facility will provide an all-inclusive solution consisting of large individual storage units within a secure gated complex. This unit is 14.5x 45 ! The storage units are individual commercial storage condos. The units include automatic overhead garage doors and openers, security cameras for the facility, a fully gated and secure complex, a commercial wash bay, dump station, showers and a commercial management association to maintain the complex. The buyers will pay a fee of 1-1.5 percentW of sales price to the Capital Reserves/Admin for the CAM. Luxelocker Spanish Springs is located directly off of Highway 445 and Ingenuity Ave.

11440 Digital Ct Unit # D54, Sparks

$380,000
260004163 MLS
Well-maintained office condominium located in the established Wildcreek Business Park in Sparks. Functional single-level layout featuring approximately 1,260 square feet with a bright, open floor plan and abundant natural light. Premium end-unit positioning with only one shared wall and three sides of windows provides enhanced privacy and usability. Includes an ADA-accessible restroom, central heating and air, and a flexible layout suitable for a variety of professional uses. Property is equipped with both 110V and 220/240V electrical service, including dedicated washer/dryer hookups. Professional park setting with convenient access to major roads, shopping, and services. Monthly HOA covers exterior maintenance and common area services, including sewer, water, and trash. Ideal opportunity for an owner-user seeking to control occupancy costs through ownership. Vacant and easy to show.

2225 Green Vista Dr Unit 308, Sparks

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Data last updated on 06/28/2017.

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. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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