Mixed-Use Redevelopment
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26-34 W 2nd St, Reno, NV 89501
Adaptive reuse project with multifamily and commercial components in Reno’s Riverwalk District.
Property Size81,409 SF
Price / SF$18.43
Days on Market7
Property Features for 26-34 W 2nd St
General Information
Standard status
Active
Size
81,409 SF
Property subtype
Retail, Multifamily
Zoning
MD-RD Mixed Use Riverwalk District
Investment Type
Redevelopment
Additional Details
Highway Access
Yes
Building Details
Year Built
1936
Buildings
2
Units
134
Listing Agency:
CBRE Reno
(775) 356-6118
Listed By:
Ben Galles · License #47543
Source:
Crexi
Added: Jul 31
Changed: Aug 5
Last Checked: Aug 5 at 2:55PM
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
Investment Insights
Based on property information with market context.
This 81,409-square-foot mixed-use redevelopment property is an adaptive reuse project with plans for 134 multifamily units and approximately 20,000 square feet of commercial and retail space. The commercial component includes a former CVS footprint and an additional approximately 5,000-square-foot building fronting 2nd Street. Originally constructed as a motel in 1936, the property has undergone demolition of the multifamily interiors and partial environmental remediation. A full basement provides additional space for potential tenant storage or ancillary income.
The property is located in downtown Reno within the MD-RD Mixed Use Riverwalk District. The surrounding area includes major employers, entertainment, dining, and the University of Nevada, Reno, with immediate access to I-80. Existing plans may be continued or reimagined under the district’s stated range of permitted uses.
The property is located in downtown Reno within the MD-RD Mixed Use Riverwalk District. The surrounding area includes major employers, entertainment, dining, and the University of Nevada, Reno, with immediate access to I-80. Existing plans may be continued or reimagined under the district’s stated range of permitted uses.
Key Highlights
- 81,409‑square‑foot mixed‑use redevelopment property
- Plans for 134 multifamily units and approximately 20,000 SF of commercial/retail space
- Additional approximately 5,000 SF building fronting 2nd Street
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,683
Businesses Nearby
Explore this area
Business Placement
Demographics for 89501, NV
3,948
Population
2,975
Households
1.3
Avg Household Size
50
Median Age
40%
College-Educated
91%
High-School Grad
0.6 sq mi
ZIP Area
6,580
Density / Sq Mi
$32,990
Median Household Income
$28,774
Median Earnings
$1,089
Median Rent
$379,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Adaptive reuse project with multifamily and commercial components in Reno’s Riverwalk District.
Where is this mixed-use property located?
The property is located at 26-34 W 2nd St Reno, NV.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 81,409‑square‑foot mixed‑use redevelopment property; Plans for 134 multifamily units and approximately 20,000 SF of commercial/retail space; Additional approximately 5,000 SF building fronting 2nd Street
