Historic Office Building For
For Sale
$1,425,000
830/832 Willow St, Reno, NV 89502
Charming office space with private offices, conference rooms, and parking.
Property Size4,118 SF
Price / SF$346.04
Days on Market324
Property Features for 830/832 Willow St
General Information
Standard status
Active
Size
4,118 SF
Class
B
Property subtype
Office
Building Details
Building Size
4,118 SF
Year Built
1928
Listing Agency:
Dickson Commercial Group
Listed By:
Travis Hansen · License #NV #Lic# S.170076 / PM 166389
(775) 624-3957
Source:
Corfac
Added: Nov 25, 2025
Changed: Oct 13
Last Checked: Oct 14 at 9:46PM
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 Dickson Commercial Group
Investment Insights
Based on property information with market context.
The Gould House, with approximately 4,118 square feet, is available for sale. This property combines historic charm with functional office space. The layout includes nine private offices, two conference rooms, and four restrooms. It also features flexible open workspace and dedicated storage areas. On-site and nearby street parking are available.
Key Highlights
- ±4,118 SF Gould House offers functional office space.
- Features nine private offices and two conference rooms.
- Includes four restrooms, flexible open workspace, and dedicated storage areas.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,795
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,900
$1.5M
Cap Rate 7%
$1,039,929
$1.0M
Cap Rate 9%
$808,833
$808.8K
Market Conditions
NOI Build-Up for 4,118 SF
Gross rent
$119.1K $28.92/SF
− Vacancy
−$22.0K −$5.35/SF
EGI
$97.1K $23.57/SF
− OpEx
−$24.3K −$5.89/SF
NOI
$72.8K $17.68/SF
Area
Reno, NV
Vacancy
18.50%
Lease Rate
$28.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,455,900
Cap Rate 7%
$1,039,929
Cap Rate 9%
$808,833
Alternative Uses
Best Use
Office B
$1.04M
$909.9K – $1.21M
NOI $72,795 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,838 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,664
Businesses Nearby
Explore this area
Business Placement
Demographics for 89502, NV
47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Reno, NV
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Frequently Asked Questions
What type of property is this?
Office building - Charming office space with private offices, conference rooms, and parking.
Where is this office building located?
The property is located at 830/832 Willow St Reno, NV.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: ±4,118 SF Gould House offers functional office space.; Features nine private offices and **two conference rooms**.; Includes four restrooms, flexible open workspace, and dedicated storage areas.
