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12 W Taylor St Reno, NV 89509

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For Sale
$749,000

Two fully leased office buildings with redevelopment potential.

Lot size:
0.10 Acres

Property Features for 12 W Taylor St

General Information

Standard status
Active
Zoning
MU-MC
Lot size
0.10 Acres

Building Details

Year built
1926

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Listing Contact
Ben Galles
Source: Crexi

Listing Agency: CBRE Reno Listing Agent: Ben Galles

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

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Overview

Two Leased Office Buildings

The asset features two converted single-family residences into office buildings. Located at 12 W Taylor, the first building, constructed in 1926, offers approximately 988 square feet with an additional 988-square-foot basement and has been recently improved. The second building, located at 22 W Taylor and also built in 1926 with recent improvements, provides approximately 824 square feet with a 494-square-foot basement. Both properties showcase hardwood floors, original brick detailing, new kitchen cabinets, tile backsplashes, modern tiled showers, and fresh paint. Both buildings are currently fully leased to office tenants under Modified Gross leases. The lease for 12 W Taylor expires on April 30, 2027, while the lease for 22 W Taylor expires on February 28, 2029. The 22 W Taylor lease does not include a renewal option, offering a future owner the opportunity to occupy one or both buildings upon lease expiration. The project is zoned MU-MC (Mixed Use MidTown Commercial), which allows for multifamily development. The attached vacant lot at 30 W. Taylor, which is .081 acres and zoned mixed use, is also for sale.
Location Intelligence

Current Use by Public Records

Sage Springs Midwifery Midwife Sacred Space Midwifery ... Midwife The Oasis Reno Gym & Fitness Center Midtown Midwifery Collective Charitable Organization Amanda Macdonald Midwife

Suggested Use

Real Estate Agency Restaurant Dental Office Law Firm Spa & Massage Center Hair Salon Building Supply Nail Salon Daycare Center Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Reno
County
Washoe
State
Nevada
Longitude
-119.8090035
Latitude
39.51667

FAQs

What type of property is this?
Office building - Two fully leased office buildings with redevelopment potential.
Where is this office building located?
The property is located at 12 W Taylor St Reno, NV.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: - Fully leased to office tenants, providing immediate income.; - Lease expiration on one property (22 W Taylor) in February 2029 without a renewal option, offering future owner-occupancy potential.; - Zoned MU-MC (Mixed Use MidTown Commercial), allowing for multifamily development.
More about this property
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