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1870 Vassar Street , #4

Reno, NV 89510
  • $2,200,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 250057894
UPDATED: 52 min ago
$2,200,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:
Area:

School Ratings & Info

Description

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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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-13T11:19:41.917.
www.nevada.properties/homes/169668466
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1870 Vassar Street , #4 Reno, NV 89510

  • Price: $2,200,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 52 min ago
  • MLS #: 250057894
0
Beds
0
Baths
0
½ Baths
0.45
Acres
1991
Built
Neighborhood:
89510
County:
Washoe
Area:
89510
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Frame Foundation Details Slab Parking Features Accessible ParkingLightedParking Lot Roof Flat Window Features Display Window(s)

Interior Features

Accessibility Features [] Basement [] Building Area Total 5672 Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring [] Heating Forced Air Heating YN Yes Laundry Features [] Levels One

Property Features

Association Fee Includes None Building Features [] Business Type Shopping Center Or Mall Buyer Financing [] CAMYN No Covenants Conditions Restrictions YN No Electric 110 Volts Fencing None Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventional Lot Features LandscapedLevel Other Equipment [] Other Structures None Owner Pays [] Property Sub Type Retail Road Frontage Type Public Road Responsibility [] Road Surface Type Paved Security Features [] Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 6556.44 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedInternet AvailableInternet ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer ConnectedWater AvailableWater ConnectedCellular CoverageWater Meter Installed Water Rights Water Rights YN No Water Source Public Waterfront Features [] Zoning GC

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Keller Williams Group One Inc.: .

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | Remax Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. 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 and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-12-13T11:19:41.917.
 
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Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521