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Downtown Reno Development Opportunity
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802 E 4th St, Reno, NV 89512

Commercial/industrial, multifamily/mixed-use development opportunity in downtown Reno.

Property SizeContact for details
Days on Market2282

Property Features for 802 E 4th St

General Information

Standard status Active
Property subtype Industrial, Land, Mixed Use, Multifamily
Zoning MU
Listing Agency: LPT Realty
Listed By: Jen Colley BS.0145423 · License #NV BS.145423
Source: Crexi
Added: May 14, 2020 Changed: Aug 8 Last Checked: Aug 8 at 4:17AM

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 LPT Realty

Investment Insights

Based on property information with market context.

This commercial/industrial, multifamily/mixed-use development opportunity is located in downtown Reno. The mixed-use zoning allows for multifamily and commercial uses. Its downtown location provides convenient access to public transportation, parks, cultural venues, and the University of Nevada - Reno. Situated on a corner adjacent to the E. 4th St. High Frequency Transit corridor, the MU zoning supports high and mid-rise multifamily residential development. A "Four or Five Story over Podium Garage" multifamily building construction is suitable for urban mixed-use and multifamily residential developments in the Reno/Sparks MSA. The property benefits from alley access, reducing setbacks and maximizing the building footprint. All utilities are onsite. Seller financing/participation is possible.

Key Highlights

  • Owner financing/participation opportunity available.
  • Mixed‑use zoning allows multifamily and commercial uses by right.
  • Downtown Reno location with easy access to transportation, parks, and UNR.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Electrical Service Big Box & Wholesale Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,166
Businesses Nearby

Demographics for 89512, NV

30,148
Population
12,374
Households
2.4
Avg Household Size
30
Median Age
18%
College-Educated
76%
High-School Grad
6.2 sq mi
ZIP Area
4,863
Density / Sq Mi
$45,284
Median Household Income
$34,587
Median Earnings
$1,113
Median Rent
$318,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial/industrial, multifamily/mixed-use development opportunity in downtown Reno.
Where is this commercial land located?
The property is located at 802 E 4th St Reno, NV.
What is the asking price?
The asking price for this property is $1,049,400.
What are key features of this property?
This property features: Owner financing/participation opportunity available.; Mixed‑use zoning allows multifamily and commercial uses by right.; Downtown Reno location with easy access to transportation, parks, and UNR.
More about this property
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