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Kellie Roberts

Reno NV Real Estate & Commercial for Sale

1 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.:
5,672
Status:
Active
MLS#:
250057894
Type:
Retail
Lot size:
0.45 Acres
Year built:
1991
A broker reciprocity listing Courtesy: Keller Williams Group One Inc.
View additional info

Established and well-maintained neighborhood strip center. Vassar Market, the primary occupant, is included in the sale, offering an excellent owner/user opportunity. In addition to Vassar Market, the property features four other long-term tenants, generating a steady income stream from retail, professional services, and personal service providers. Located in central Reno with convenient access to I-580, this property offers a prime location with high visibility. The rental income can be further increased as lease terms expire, potentially enhancing the property's cap rate. The property includes 22 parking spaces with easy access onto Vassar Street, making it highly accessible for customers. This is a truly remarkable investment opportunity for both owner-operators and investors. PLEASE DO NOT DISTRUB THE TENANTS! Contact the Listing Agents for a private showing.

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