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    238 S Arlington Ave Reno, NV 89501

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    For Sale
    $2,300,000

    Three-building commercial portfolio in Reno's Hilltop district, fully leased.

    Property size:
    5,674 SF
    Lot size:
    0.19 Acres

    Property Features for 238 S Arlington Ave

    General Information

    Size
    5,674 SF
    Lot size
    0.19 Acres

    Source: Logic Commercial Real Estate | Reno Agent Casey Prostinak

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

    Overview

    Reno Commercial Portfolio For Sale

    This distinctive three-building commercial portfolio is located in Reno’s desirable “Hilltop” district, directly off Arlington Avenue and Flint Street. The area offers a blend of urban appeal and proximity to the Truckee River, surrounded by a dynamic mix of office users and residential neighborhoods. Each property is situated on a separate parcel, providing flexibility for investors or owner-users. The properties, totaling 5674 square feet, are fully leased to established local businesses: a popular bar, a boutique salon, and a specialty fly shop, ensuring stable income and potential for long-term growth.
    Insight Report Location Intelligence

    Current Use by Public Records

    Reno Fly Shop Fishing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8161884
    Latitude
    39.5220682

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    FAQs

    What type of property is this?
    Retail space - Three-building commercial portfolio in Reno's Hilltop district, fully leased.
    Where is this retail space located?
    The property is located at 238 S Arlington Ave Reno, NV.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: - Fully leased to established local businesses (bar, salon, fly shop) ensuring stable income.; - Located in Reno’s desirable “Hilltop” district, near Arlington Avenue and Flint Street.; - Proximity to the Truckee River, offering urban appeal.
    (775) 813-2866
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    238 S Arlington Ave Reno, NV 89501
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    Reno, NV 89501
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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
    238 S Arlington Ave Reno, NV 89501
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