High-Visibility Reno Retail
2490 Wrondel Way Reno, NV 89502
2490 Wrondel Way, Reno, NV, 89502
$1,500,000
For Sale
$1,500,000
COMMERCIAL - Reno, NV
Property Size3,504 SF
Lot Size0.27 Acres
Price / SF$428.08
Days on Market479
Property Features for 2490 Wrondel Way
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- MU
- Parking
- 11
- Window features
- Single Pane Window(s)
- Standard status
- Active
- APN
- 015-263-14
- Size
- 3,504 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4611
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Concrete
- Building materials
- ICFs (Insulated Concrete Forms), Masonite
Listing Agency
Solid Source Realty
(775) 636-9943
5250 Neil Rd, Ste 200, Reno, NV
Listed by
Ana Bautista · License #S.75229
(775) 342-5432
Added: Mar 29, 2025 Updated: Apr 23 at 5:51 am Checked: Jul 20 at 3:06 pm
MLS# 250003971
Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This independent retail facility is located in the heart of Reno, offering high visibility and foot traffic. The property is currently occupied by the seller and operating as a profitable restaurant and convenience shop. The property is zoned MU. The building size is 3504 square feet and the lot size is 0.27 acres. The property is located in Washoe County.
Key Highlights
- High‑visibility location with high foot traffic.
- Well‑established business presence in the heart of Reno.
- Currently operating as a highly profitable restaurant and convenience shop.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.6k | $21.00 |
| − Vacancy | −$5.7k | −$1.64 |
| EGI | $67.8k | $19.36 |
| − OpEx | −$17.0k | −$4.84 |
| NOI | $50.9k | $14.52 |
3,504 SF · lease $21.00/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$726.9K
$636.0K – $848.1K
NOI $50,883 @ 7.0% cap · market cap 3.39%
Second Best
Retail
$633.4K
$554.3K – $739.0K
NOI $44,340 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$1.08M
$944.9K – $1.26M
NOI $75,592 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Amigo Market
Grocery & Convenience Store
Orlandi Valuta
Bank
Similar For Sale Nearby
Similar Off Market Nearby
- Yee Chong Hon — 115 E Moana Ln, Reno, NV 89502
- La Unica — E Arroyo St, Reno, NV 89502
- Save Mart — 195 W Plumb Ln, Reno, NV 89509
FAQs
What type of property is this?
Grocery and convenience store - Profitable Reno retail facility with high visibility and foot traffic.
Where is this grocery and convenience store located?
The property is located at 2490 Wrondel Way Reno, NV.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High‑visibility location with high foot traffic.; Well‑established business presence in the heart of Reno.; Currently operating as a highly profitable restaurant and convenience shop.
