Description
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. Building can accommodate a variety of businesses. With prime location, ample parking, and potential for future development. Plenty of room to build a residential building in 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 is available for rent, offering flexibility for new tenants or businesses looking to expand. Two upstairs spaces are currently rented. All of the spaces are large, well-lit, and adaptable to professional needs. Businesses such as a karate studio, nail salon, spa, therapists, dance studio, etc. have occupied the spaces over the past 20 years. The property includes a generous lot in the back that is 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—the property benefits from easy access to a vibrant community. Midtown is known for its electric mix of shops, dining, and entertainment options, making it a highly desirable area for both businesses and residents.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,785SQFT
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$431$/SQFT
School Ratings & Info
Description
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. Building can accommodate a variety of businesses. With prime location, ample parking, and potential for future development. Plenty of room to build a residential building in 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 is available for rent, offering flexibility for new tenants or businesses looking to expand. Two upstairs spaces are currently rented. All of the spaces are large, well-lit, and adaptable to professional needs. Businesses such as a karate studio, nail salon, spa, therapists, dance studio, etc. have occupied the spaces over the past 20 years. The property includes a generous lot in the back that is 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—the property benefits from easy access to a vibrant community. Midtown is known for its electric mix of shops, dining, and entertainment options, making it a highly desirable area for both businesses and residents.