Professional Office with Studio
3045 Lakeside Drive Reno, NV 89509
New
For Sale
$798,509
COMMERCIAL - Reno, NV
Property Size3,090 SF
Lot Size0.27 Acres
Price / SF$258.42
Days on Market2
Property Features for 3045 Lakeside Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- PO
- Parking
- 8
- Parking features
- Parking Lot
- Security features
- Security Lighting
- Window features
- Blinds, Double Pane Windows, Window Coverings, Single Pane Window(s), Vinyl Frames, ENERGY STAR Qualified WIndows
- Standard status
- Active
- APN
- 019-303-09
- Size
- 3,090 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3700
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Forced Air, Baseboard, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1959
- Floors in Building
- 2
- Flooring type
- Wood, Laminate, Concrete, Carpet
- Building materials
- Brick Veneer, Frame, Stone, Wood Siding
- Roof type
- Composition, Flat, Shingle, Asphalt, Tar/Gravel
- Additional Structures
- Guest House
Listing Agency:
RE/MAX Professionals-Reno
(775) 345-3070
Listed By:
Sean Burke · License #S.189753
(775) 741-7269
Added: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# 260009447
Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This PO-zoned property offers a 2,563-square-foot professional office building plus a separate 527-square-foot studio apartment on a single parcel. The main building has been operated as a chiropractic practice and is described as well suited for continued medical, wellness, or professional office use, with flexibility upstairs for additional treatment or office rooms. The detached studio provides independent space that can support owner or staff use, be rented, or function as a second workspace apart from the main building.
The property is located near Virginia Lake, with the walking loop described as just minutes away, and sits among established professional offices, service businesses, and multifamily housing. Off-street parking is provided in an asphalt lot that has been freshly refinished.
The business operating in the main building is not included in the sale, allowing the space to be delivered for a new owner-user.
The property is located near Virginia Lake, with the walking loop described as just minutes away, and sits among established professional offices, service businesses, and multifamily housing. Off-street parking is provided in an asphalt lot that has been freshly refinished.
The business operating in the main building is not included in the sale, allowing the space to be delivered for a new owner-user.
Key Highlights
- 2,563 SF professional office building plus a separate 527 SF detached studio apartment on one PO‑zoned parcel
- Main building currently operated as a chiropractic practice and suited for continued medical, wellness, or professional office use
- Asphalt parking lot has been freshly refinished with substantial off‑street parking for staff and clients
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.4k | $28.92 |
| − Vacancy | −$16.5k | −$5.35 |
| EGI | $72.8k | $23.57 |
| − OpEx | −$18.2k | −$5.89 |
| NOI | $54.6k | $17.68 |
3,090 SF · lease $28.92/SF/yr · vacancy 18.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$780.3K
$682.8K – $910.4K
NOI $54,623 @ 7.0% cap · market cap 6.84%
Second Best
Healthcare Medical
$685.7K
$600.0K – $799.9K
NOI $47,996 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$952.3K
$833.3K – $1.11M
NOI $66,661 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Living Health Chiropractic
Alternative Medicine Practice
Gary L. Warren, ...
Alternative Medicine Practice
FAQs
What type of property is this?
Live-work space - PO-zoned professional office building with an additional detached studio apartment on one parcel.
Where is this live-work space located?
The property is located at 3045 Lakeside Drive Reno, NV.
What is the asking price?
The asking price for this property is $798,509.
What are key features of this property?
This property features: 2,563 SF professional office building plus a separate 527 SF detached studio apartment on one PO‑zoned parcel; Main building currently operated as a chiropractic practice and suited for continued medical, wellness, or professional office use; Asphalt parking lot has been freshly refinished with substantial off‑street parking for staff and clients
