PROPERTY DESCRIPTION Colliers is pleased to present the California Hill Portfolio for sale. The offering includes two building: 247 California Avenue and 475 Hill Street totaling ±13,082 square feet on a single 0.422 acre parcel. 247 California Avenue is home to The Cheese Board, one of Reno’s most prized local restaurants. 475 Hill Street includes a diverse mix of professional, creative, and medical tenants. Current NOI is $182,870 with ample room for upside. Seller financing is available. SALE NOTES 247 California Ave is a 7,162 square foot office and retail building with five tenants. 475 Hill Street is a 5,920 square foot office building with twelve tenants. Current in-place income is $182,870 but short lease terms and below market rents allow for the next owner to adapt a leasing strategy to maximize revenue. Short term leases allow for 475 Hill Street to be occupied by an owner-user and retain 247 California (The Cheese Board building) as an investment. Currently 100 percent leased. For full offering package and more information, please email melissa.molyneaux@colliers.com.