Reno NV Real Estate & Commercial for Sale

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.

Updated 6-Unit Multifamily in Prime Northwest Reno - Investor's Dream Discover a rare opportunity to own a well-maintained *six-unit multifamily property* in one of Reno's most desirable neighborhoods. With four units already updated and strong rental appeal, this asset is ideal for investors seeking location, stability, and upside. ### Property Features - **Six spacious units** - Each approx. *682 sq ft*, offering comfortable 1-bedroom layouts. - **Updated interiors** - *Four units* have been updated with paint and new flooring - **Outdoor living** - *Downstairs units* include private back patios; *upstairs units* enjoy balconies with views. - **Fresh exterior** - Building was professionally painted in *2022*, enhancing curb appeal and reducing future maintenance. ### Location Highlights - Situated in *Northwest Reno*, a high-demand area known for its quiet streets and proximity to everything. - **Quick freeway access** - Ideal for commuters and professionals. - **Walkable convenience** - Just minutes from *grocery stores, pharmacies, schools,* and everyday essentials. ### Investment Appeal - Strong rental demand in the area with low vacancy rates. - Ideal for long-term hold or value-add strategy. - Zoned for top-rated schools and close to public transit.

Prime Redevelopment Opportunity Near UNR, located at both 400 & 0 Minerva Lane, Reno, NV. Just minutes from the University of Nevada, Reno, and downtown's growth corridor, this rare dual-parcel property offers a prime infill redevelopment opportunity. Spanning 0.435 acres ( 18,945 sq.ft.) across two contiguous parcels (APNs 007-201-22 & 007-201-23 being sold together) with an existing 2,939 sq.ft. structure with 3 units, the site is zoned MF-30 within the West University Neighborhood Plan Overlay, ideal for boutique multi-family development. comprised of a duplex main house with 2 Bed/1 Bath Upstairs/2 Bed/1 Bath Downstairs and a separate detached 1 Bedroom/Bath. The downstairs unit is currently occupied by a tenant paying 950 per month and covering all utilities for the property. Under current zoning, developers can build up to 13 units, with substantial density bonuses available under RMC 18.04.504 (Note: Actual density capacity is subject to verification through slope analysis and may be reduced if the site is classified as hillside development): Up to 23 units possible for smaller ( under 800 sq.ft.) unit designs (80 percent Bonus Density). Up to 18 units for mid-sized (under 1,000 sq.ft.) layouts (45 percent Bonus Density). Up to 17 units for larger (under 1,200 sq.ft.) formats (35 percent Bonus Density). Whether you envision modern student housing, stylish urban apartments, or a mixed-use living community, this site delivers flexibility, scale, and proximity to one of Reno's strongest rental markets. With walkable access to UNR, restaurants, and downtown amenities, this property provides exceptional flexibility for student housing, urban apartments, or a mixed-use project in one of Reno's most desirable rental markets.

High-visibility property with the future Kaiser Permanente medical development positioned directly across the street! This 1,068 sq. ft. standalone stucco building is zoned Mixed Use, allowing for both residential and commercial opportunities. Previously home to Desert Locksmiths, the property is ideal for a wide range of business ventures. Positioned in a high-traffic area, it offers excellent exposure to passing cars and pedestrians alike. Features include an ADA-compliant entrance ramp, enclosed front porch for added security, and full perimeter fencing. Inside, you'll find a counter front and multiple flexible spaces ready to be tailored to your needs. A tenant credit is being offered toward an A/C replacement, making it easier to start your vision off right. With prime visibility, convenience, and adaptability, this property is truly a rare find - opportunity awaits!