Listing contacts

Lisamarie Wand  

EXP Commercial I Nevada

(775) 224-5300

Active

Asking price: $2,600,000
Added: 2022-01-11

Info

Address 275 E Fourth St
City Reno
State CA
Zip Code 89501
County Nevada
Total Lot Size 0 acres
Year Built 1940
Property type Conversion

Details

Lot size (SF) 9,148 SF
Rentable 9,148 SF

Demographics

Median household income (5-mile radius) 56,377
Renters occupied (5-mile radius) 56 %
Num of competitors (5-mile radius) 58
Sq.Ft. per capita (1-mile radius) 1.68
5x5 unit average price $76
5x10 unit average price $87
10x10 unit average price $131

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Highlights

  • Location! Location! Ground Zero for all Reno special events. Income producing investment property including ½ city block on 4th Street with designated parking and alley access. Property includes 14,000 usable space currently leased to Davidson’s Distillery with gaming and liquor license, Shoeman’s Custom Cycle retail storefront and shop, upstairs offices include a hair salon and fully leased office space. Owner currently occupies all spaces - property will be vacant after completed sale. Dedicated parking lot with 13 spaces on separate APN. Located in 4th Street redevelopment area and Brewery District. A great opportunity corridor in the early stages of development. New infrastructure, Street Lights, and underground utilities. 2 blocks from Aces ballpark, 3 blocks from Downtown Reno and across from the Reno Bus Station. 5 blocks from UNR and Wells Avenue. 1 block from events Center and Bowling Stadium. Investment or Re-development Opportunity.
  • Downtown Reno – Innovation District and E 4th Street Transit Corridor Overview. Over the last two decades, the Reno/Sparks region has experienced double digit growth. In response, the City of Reno adopted its new Master Plan, Reimagine Reno in December 2017. Reimagine Reno provides a comprehensive road map for the future which includes a revitalized downtown and transit corridors that focus on High Density/High Intensity uses.

Description

Location! Location! Ground Zero for all Reno special events. Income producing investment property including ½ city block on 4th Street with designated parking and alley access. Property includes 14,000 usable space currently leased to Davidson’s Distillery with gaming and liquor license, Shoeman’s Custom Cycle retail storefront and shop, upstairs offices include a hair salon and fully leased office space. Owner currently occupies all spaces - property will be vacant after completed sale. Dedicated parking lot with 13 spaces on separate APN. Located in 4th Street redevelopment area and Brewery District. A great opportunity corridor in the early stages of development. New infrastructure, Street Lights, and underground utilities. 2 blocks from Aces ballpark, 3 blocks from Downtown Reno and across from the Reno Bus Station. 5 blocks from UNR and Wells Avenue. 1 block from events Center and Bowling Stadium. Investment or Re-development Opportunity. Downtown Reno – Innovation District and E 4th Street Transit Corridor Overview. Over the last two decades, the Reno/Sparks region has experienced double digit growth. In response, the City of Reno adopted its new Master Plan, Reimagine Reno in December 2017. Reimagine Reno provides a comprehensive road map for the future which includes a revitalized downtown and transit corridors that focus on High Density/High Intensity uses.


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