463 Moran Street lot N/W Corner Of Wells And Moran Street, Reno, NV 89502
COMMERCIAL - Reno, NV
- Added:
- Aug 21, 2025
- Days on Market:
- 323
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 463 Moran Street lot N/W Corner Of Wells And Moran Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- GC
- Parking
- 12
- Parking features
- Paved or Surfaced, Parking Lot
- Window features
- Vinyl Frames, Single Pane Window(s)
- Fencing
- Fenced
- Basement
- Unfinished
- Standard status
- Active
- APN
- 013-014-02
- Size
- 2,152 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2297
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Forced Air, Electric (Heating)
- Cooling system
- Evaporative Cooling
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile - Ceramic
- Building materials
- Brick, Concrete, Exterior Duct-Work is Insulated
- Roof type
- Composition, Shingle
Listing agent Jamie Nelson License #S.174113 (760) 390-4722
Listing office Ferrari-Lund Real Estate Reno 3700 Lakeside Drive, Suite 100, Sparks, NV (775) 688-4000
Listing date Aug 21, 2025
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.
HighLights
- Prime Midtown Reno Location: Benefit from a vibrant, revitalized district.
- Ample Parking: Includes a private parking lot with space for at least a dozen cars.
- Substantial Useable Space: Over 2100 sq ft provides flexibility.
- Remodeled and Updated: Features hardwood planks, ceramic tile, fresh paint, and new windows.
- Garage Access to Basement: Offers convenient access and additional storage.
- Durable Construction: Built with brick and concrete, ensuring structural integrity.
Overview
The property is located in Midtown Reno, south of downtown, at 463 Moran Street on the NW corner of Wells and Moran Street. Midtown is described as a popular destination for locals and tourists, with a mix of locally owned businesses, historic buildings, and art-focused events.
Designed for an owner-operator or tenant needing dedicated parking, the building includes an on-site parking lot that could hold at least a dozen cars. With zoning identified as GC, the property may be suitable for commercial office use, depending on tenant requirements and permitting for the intended operation.
Local 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 | $62.2k | $28.92 |
| − Vacancy | −$11.5k | −$5.35 |
| EGI | $50.7k | $23.57 |
| − OpEx | −$12.7k | −$5.89 |
| NOI | $38.0k | $17.68 |
Alternative Uses
Current Use by Public Records
Map
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.803399
- Latitude
- 39.521527
