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250 West Commercial Row Reno, NV 89501

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For Sale
$1,600,000

Remodeled studios in Reno's Neon Line District.

Type:Multifamily
Property size:
3,696 SF
Added:
Mar 25, 2026
Days on Market:
11
Last Refresh:
Mar 18 at 9:22 am

Property Features for 250 West Commercial Row

General Information

Standard status
Active
Size
3,696 SF
Property subtype
Multifamily

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Listing Contact
Ben Galles

Listing agent Ben Galles License #S. 47543

Listing office CBRE Reno

Listing date Mar 25, 2026

Source Cbre

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 CBRE Reno


Overview

Renovated Multifamily Property in Reno

The Townsite Studios at 250 W Commercial Row offers a renovated multifamily/motel property located in Reno’s Neon Line District. The property, consisting of 14 units (13 studio apartments and 1 one-bedroom unit), was significantly remodeled in 2022–2023, providing modern updates to the units and a more appealing exterior. Located in Downtown Reno, the property provides access to major employers and events, Interstate 80, and public transportation. The University of Nevada, Reno, is one mile to the west. The location offers tenants convenience and accessibility with affordable housing options. The property has a high occupancy and is 3,696 square feet. Significant investment is expected in the nearby area in the coming years. The seller is willing to provide owner financing with 40% down at 5.5% interest.
Location Intelligence

Current Use by Public Records

Townsite Motel Hotel & Motel

Suggested Use

Real Estate Agency Restaurant Dental Office Spa & Massage Center Law Firm Hair Salon Nail Salon Building Supply 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
-119.816627
Latitude
39.527432

FAQs

What type of property is this?
Apartment building - Remodeled studios in Reno's Neon Line District.
Where is this apartment building located?
The property is located at 250 West Commercial Row Reno, NV.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Seller financing available with 40% down at 5.5% interest.; Remodeled in 2022‑2023 with modern updates.; Located in Reno's Neon Line District, a dynamic redevelopment area.
More about this property
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