2724 Kietzke Ln - Auto Dealership FOR SALE


Reno, NV 89502- Sierra Meadows
$3,300,000 USD
775-553-8805
2724 Kietzke Ln, Reno, NV for Sale
$3,300,000 USD
Auto Dealership - FOR SALE
1/8
null | 3.14% Cap Rate

2724 Kietzke Ln
Reno, NV 89502
Sierra Meadows


HIGHLIGHTS

  • Prime Investment Opportunity: 63-Unit Self-Storage Facility with Additional Income Streams Unlock the potential of this high-performing 2.26-acre inv

OVERVIEW

Prime Investment Opportunity: 63-Unit Self-Storage Facility with Additional Income Streams Unlock the potential of this high-performing 2.26-acre investment property featuring a 63-unit self-storage facility, a profitable auto sales lot, and a residential rental unit—all in one strategic location! Key Highlights: Stable Storage Income – 85% occupancy in a well-maintained self-storage facility, ensuring consistent revenue. Multiple Income Streams – Auto sales lot leased through August 2025, with renewal options in place, and a month-to-month residential tenant. Prime Location & Expansion Potential – 98,489 SF of land with room for potential enhancements or future redevelopment. Turnkey Investment – Secure long-term income with minimal hands-on management. Whether you’re looking to expand your portfolio, generate passive income, or capitalize on the booming storage industry, this high-yield property offers stability and growth potential. Don’t miss out! Contact us today for more details or to schedule a tour. Buildings Single-Family Residence (Built in 1958) – Average condition, 1 story, 480 SF gross building area, 480 SF rentable area. Auto Sales Building (Built in 1973) – Average condition, 1 story, 600 SF gross building area, 600 SF rentable area. Self-Storage Facility (Built in 1958) – Average condition, 1 story, 6,816 SF gross building area, 5,290 SF rentable area. Self-Storage Facility (Built in 1958) – Average condition, 1 story, 14,109 SF gross building area, 13,427 SF rentable area. Total Gross Building Area: 22,005 SF Total Rentable Area: 19,797 SF Storage Unit Breakdown 23 Units – 10x23 (230 SF each) 5,290 SF total 7 Units – 17x39 (663 SF each) 4,641 SF total 1 Unit – 14x39 (546 SF) 546 SF total 28 Units – 10x20 (200 SF each) 5,600 SF total 3 Units – 16x40 (640 SF each) 1,920 SF total 1 Unit – 18x40 (720 SF) 720 SF total Total Storage Units: 63 Total Storage Square Footage: 18,717 SF

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$3,947 USD /SF

CAP RATE

3.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Day Care Center, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,045 SF

ZONING

AC

APN/PARCEL ID

020-151-33

ASK ABOUT THIS PROPERTY

Isaac CondeConde HousesMore Info
775-553-8805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Isaac CondeConde HousesMore Info
775-553-8805

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.