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    557 California Ave Reno, NV 89509

    Sponsored
    For Sale
    $985,000

    Charming two-story brick building, endless potential.

    Property size:
    2,102 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 2,102 square foot commercial property, situated on a 0.36-acre lot on historic California Avenue in Reno, Nevada, presents a rare investment opportunity. Originally constructed as a cottage, this two-story brick building has been thoughtfully adapted into a unique office space. Its charming character is undeniable, offering a blend of historical charm and modern adaptability. A significant advantage is the inclusion of a detached coachman's property, presenting the exciting possibility of developing an Accessory Dwelling Unit (ADU). The versatility extends beyond the main structure

    Property Features for 557 California Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,102 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Lane Christine Family Counselor Thomas Lavin Marriage Or Relationship Counselor EASEAP Psychotherapist

    Suggested Use

    Realty agency Restaurant Dental Office Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.819
    Latitude
    39.52026

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    FAQs

    What type of property is this?
    Commercial real estate - Charming two-story brick building, endless potential.
    Where is this commercial real estate located?
    The property is located at 557 California Ave Reno, NV.
    What is the asking price?
    The asking price for this property is $985,000.
    (775) 379-0053
    Request Owner's contact information
    557 California Ave Reno, NV 89509
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    Reno, NV 89509
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    557 California Ave Reno, NV 89509
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