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University Area Redevelopment Opportunity

208 UNIVERSITY TERRACE Reno Reno, NV 89503

208 UNIVERSITY TERRACE Reno, Reno, NV, 89503
$1,237,000
For Sale
$1,237,000

Redevelopment site near the University of Nevada campus.

Property Size1,230 SF
Price / SF$1,005
Days on Market295

Property Features for 208 UNIVERSITY TERRACE Reno

General Information

Standard status
Active
Size
1,230 SF
Property subtype
Multifamily

Building Details

Year Built
1921
Listing Agency Johnson Group Commercial
Listed by Ryan Johnson, CCIM · License #NV #BS.1707
Source Tcnworldwide
Added: Sep 25, 2025 Checked: Jul 16 at 8:08 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnson Group Commercial


Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity within walking distance of the University of Nevada campus. Situated strategically above downtown, the location offers potential desirability. Currently, a single-family home occupies the site, but the highest and best use is considered to be a multi-family project. The property is located next to the University and its $200 million expansion project, and is also situated blocks from downtown. The property is located on the corner of University Terrace and West. The property size is 1230 square feet.

Key Highlights

  • Prime redevelopment site near the University of Nevada campus.
  • Walking distance to the University and downtown.
  • Located next to the University's $200 million expansion project.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

HVAC Service Locksmith (Bike/Boat/Book/etc) Store Electrical Service Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market

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

FAQs

What type of property is this?
Multifamily property - Redevelopment site near the University of Nevada campus.
Where is this multifamily property located?
The property is located at 208 UNIVERSITY TERRACE Reno Reno, NV.
What is the asking price?
The asking price for this property is $1,237,000.
What are key features of this property?
This property features: Prime redevelopment site near the University of Nevada campus.; Walking distance to the University and downtown.; Located next to the University's $200 million expansion project.
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