This exceptional 2,400-square-foot retail space is located on the second floor of a mixed-use building in the heart of Downtown Reno, Nevada. The suite boasts floor-to-ceiling windows, providing ample natural light, and is equipped with a new electrical panel, numerous convenience outlets, and surface-mounted conduit, ensuring sufficient power solutions for any business. A recently completed ensuite bathroom adds convenience. The space benefits from two new HVAC units located on the roof, with ducting through the concrete ceiling. There are no additional distribution ducts within the suite. This recently renovated building features updated HVAC units and electrical panels. The property enjoys a highly accessible location, with easy access to Interstates 80, 395, 580, and 659, providing excellent connectivity throughout the Reno area. Its central downtown location places it near numerous attractions, including casinos, resorts, shops, restaurants, the University of Nevada, Reno (with over 21,778 students), and the Reno Events Center. Furthermore, the property is conveniently situated near major retail amenities such as Walmart, Sam's Club, Nordstrom Rack, Best Buy, and The Cheesecake Factory. The building also includes 28 apartment units on the upper floors, creating a vibrant mixed-use environment. A tenant improvement allowance is available. This is the last remaining retail space in the building. The building offers 24-hour access and an elevator.
Property Features for 248 W 1st St, Reno, NV 89501
General Information
Property type
Retail residential properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
2,400 SF
Elevators
Yes
Total Rate
400
Building Details
Year Built
1948
HighLights
2,400 sq ft mezzanine retail suite available in Downtown Reno.
Recently renovated with new HVAC, electrical, and bathrooms; tenant improvement allowance offered.
Prime location near freeways, airport, casinos, restaurants, and University of Nevada, Reno.
Location Intelligence
Current Use by Public Records
Cafe CapelloCafeSenior Spectrum NewspapersNewspaper PublisherThe OfficeWine Bar
Retail residential property - Prime Reno location, 2400 sq ft mezzanine suite.
Where is this retail residential property located?
The property is located at 248 W 1st St, Reno, NV 89501 Reno, NV.
What is the lease rate?
The lease rate is $2.00 SF/Yr.
What are key features of this property?
This property features: 2,400 sq ft mezzanine retail suite available in Downtown Reno.; Recently renovated with new HVAC, electrical, and bathrooms; tenant improvement allowance offered.; Prime location near freeways, airport, casinos, restaurants, and University of Nevada, Reno.
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248 W 1st St, Reno, NV 89501 Reno, NV 89501
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Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
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Alternative use
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More about this property
248 W 1st St, Reno, NV 89501 Reno, NV 89501
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248 W 1st St, Reno, NV 89501, Reno, NV
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248 W 1st St, Reno, NV 89501, Reno, NV
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248 W 1st St, Reno, NV 89501, Reno, NV
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248 W 1st St, Reno, NV 89501, Reno, NV
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248 W 1st St, Reno, NV 89501, Reno, NV
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248 W 1st St, Reno, NV 89501, Reno, NV
Alex Hilgenberg
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