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    570 California Ave Reno, NV 89509

    For Sale
    $765,000

    California Ave. Office, 9 Offices, Parking

    Property size:
    2,388 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 2,388 square foot commercial property, situated on a 0.17-acre lot at 570 California Avenue in Reno, Nevada, presents a unique investment opportunity. The building boasts nine potential individual offices, ideal for a variety of business configurations. A welcoming front reception area greets clients, while ample storage space is available in the basement. Two and a half bathrooms cater to the needs of staff and visitors. Convenient alleyway access provides parking for eight vehicles, supplemented by a two-car garage, eliminating parking concerns for employees and clients. The property has undergone significant upgrades, including a complete roof replacement in November 2024, and a conversion to natural gas, with the removal of two obsolete oil tanks. This meticulously maintained building is located in the desirable Old Southwest Reno neighborhood, offering excellent visibility and proximity to a vibrant array of boutiques and restaurants along California Avenue. The strategic location and substantial improvements make this a highly attractive investment for discerning buyers seeking a well-equipped and conveniently located commercial space. The property's strong features and prime location combine to create a compelling opportunity for immediate occupancy and long-term growth. This is a turnkey operation ready for its next chapter.

    Property Features for 570 California Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,388 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1958
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Advanced Asset Management, ... Real Estate Agent

    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
    -119.8193
    Latitude
    39.51976

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    FAQs

    What type of property is this?
    Commercial real estate - California Ave. Office, 9 Offices, Parking
    Where is this commercial real estate located?
    The property is located at 570 California Ave Reno, NV.
    What is the asking price?
    The asking price for this property is $765,000.
    (775) 241-8667
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    570 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
    570 California Ave Reno, NV 89509
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