901 W 2nd St - Auto Repair FOR SALE


Reno, NV 89503
$975,000 USD
775-336-4672
901 W 2nd St, Reno, NV for Sale
$975,000 USD
Auto Repair - FOR SALE
1/4
null | Request Cap Rate

901 W 2nd St
Reno, NV 89503


HIGHLIGHTS

  • In Downtown Reno’s newly formed “Neon Line District”
  • 1/5 acre lot
  • Mixed- Use Zoning

OVERVIEW

901 West 2nd Street, in Downtown Reno’s newly formed “Neon Line District” is a unique opportunity to purchase a net-leased investment, OR an Owner-User opportunity for allowed automotive use or redevelopment. Sitting on over 1/5 acre lot, this unique offering is zoned commercial and allows for several different uses. Already surrounded by new development, including several high-density infill apartment buildings, this site boasts a 93 walk score and sits on a highly visible and trafficked corner. With two roll-up doors and a large canopy, there are many potential re-designs of the property, and the lot will allow for much larger development if desired. The current Tenant, MasterTech Automotive has leased the property for nearly 20 years and is on a month-to-month agreement paying $2,850 per month in addition to property taxes and all utilities

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$744 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MD-ID

APN/PARCEL ID

011-011-05

ASK ABOUT THIS PROPERTY

Brian EganNAI Alliance Commercial Real Estate Services, LLCMore Info
775-336-4672

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Brian EganNAI Alliance Commercial Real Estate Services, LLCMore Info
775-336-4672

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