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465-499 E Plumb Ln Reno, NV 89509

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For Sale
$6,500,000

Retail center in central Reno with diverse tenant mix.

Property size:
18,973 SF
Lot size:
1.71 Acres

Property Features for 465-499 E Plumb Ln

General Information

Size
18,973 SF
Lot size
1.71 Acres

Source: Logic Commercial Real Estate | Reno Agent Ian Cochran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Established Reno Retail Center

This established retail center, totaling approximately 18,973 square feet, is situated in the central Reno submarket. The property comprises three buildings, incorporating a total of 14 units. These units are currently leased to a diverse mix of tenants, including restaurants, retail businesses, professional service providers, and personal service establishments. Originally constructed in 1986, the property has undergone recent renovations. These renovations include new paint, signage, landscaping, parking lot re-slurry, improvements to the façade, and the creation of a new drive aisle to facilitate overflow parking. The property features over 300 linear feet of frontage along E. Plumb Lane, with two points of ingress and egress from Plumb Lane and one along Rondel Way. Plumb Lane offers convenient access to I-580, the MidTown and downtown Reno areas via S. Virginia Street, and southeast Reno via Kietzke Lane. The central Reno submarket is experiencing expansion with the addition of the Reno Experience District (RED), which includes approximately 65,000 square feet of retail space, 898 luxury apartments, a 170-door luxury hotel, and an 83-door flex-stay corporate apartment project. Along E. Plumb Lane, the renovated Reno Public Market recently welcomed Sprout’s third location in northern Nevada and features inline retail and a 2-story foodhall, and is junior-anchored by CVS Pharmacy. PK Companies recently completed a hotel to apartment conversion adding 117 apartments on the corner of E. Plumb Lane and S. Virginia Street.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

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

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

Similar Places Nearby

Coinstar Kiosk | Bitcoin ATM, Airport Square, Franktown corners, Coin Cloud Bitcoin ATM, South Virginia Plaza

Location Insight

  • Map
  • Local Demand
City
Reno
County
Washoe
State
Nevada
Longitude
-119.7971466
Latitude
39.5059981

FAQs

What type of property is this?
Shopping center - Retail center in central Reno with diverse tenant mix.
Where is this shopping center located?
The property is located at 465-499 E Plumb Ln Reno, NV.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: - Established retail center with 18,973 SF in central Reno.; - Recent renovations including new paint, signage, landscaping, and parking lot improvements.; - Over 300 LF of frontage on E. Plumb Ln. with multiple access points.
More about this property
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