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Kellie Roberts

Reno NV Real Estate & Commercial for Sale

2 Properties Found

The median home value in Reno, NV is $553,000. This is higher than the county median home value of $475,000. The national median home value is $308,980. The average price of homes sold in Reno, NV is $553,000. Approximately 45% of Reno homes are owned, compared to 45% rented, while 10% are vacant. Reno real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Reno real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
2,785
Status:
Active
MLS#:
250055290
Type:
Mixed Use
Subdivision:
Sierra Vista Tract
Lot size:
0.16 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Realty One Group Eminence
View additional info

Seize the opportunity to own this versatile mixed-use building in the highly coveted Midtown Reno area. This two-story property offers a unique blend of commercial and residential zoning, making it an ideal investment for entrepreneurs, investors, or businesses. The building can accommodate a variety of businesses. It has a prime location, ample parking, and potential for future development. Plenty of room to build a residential building on the lot behind. So much untapped value in this property., The main level is currently available for lease, and to optimize current rental rates. The upstairs features a welcoming reception area, perfect for greeting clients and guests. One large space and one office are available for rent, offering flexibility for new tenants or businesses looking to expand. One upstairs space is currently rented on a month-to-month lease. All of the spaces are large, well-lit, and adaptable to professional needs. Businesses such as karate studios, nail salons, spas, therapists, and dance studios have occupied the spaces over the past 20 years. The property features a generous lot at the back, currently used for parking. This space can accommodate multiple vehicles; the street also provides parking, ensuring convenience for tenants and clients. The large lot offers significant development opportunities. Depending on county regulations, this space could be transformed into a multi-family building or another office structure, maximizing the property value and utility. With established tenants and available office spaces, this property offers immediate rental income with growth potential, benefiting from easy access to a vibrant community. Midtown is known for its eclectic mix of shops, dining, and entertainment options, making it a highly desirable area for both businesses and residents. There is the possibility of living upstairs and running your business downstairs, offering a very unique opportunity in a highly walkable area.

Beds:
n/a
Baths:
Sq.Ft.:
4,402
Status:
Active
MLS#:
240013486
Type:
Business Opportunities
Subdivision:
Martin`S Addition
Lot size:
0.31 Acres
Year built:
1968
A broker reciprocity listing Courtesy: Coldwell Banker Select Reno
View additional info

Reno Midtown Hot Spot! Corner of S. Virginia & La Rue, in the heart of Midtown. Built in 1968 this 2 Building, Mixed-Use (Zoned MUMC) 4403 gross sf, sits on 0.31 acres just mere minutes from I-580 & I-80. This third of an acre corner lot has TONS of potential. Generate income from current structures (market, church & billboard) on property or build new! Ideal for most any kind of business and priced at just $488.41 sf. Property is being sold As-Is condition with no repairs.

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