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Downtown Reno Office Condos
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245 E Liberty St, Reno, NV 89501

Multi-level office condos in downtown Reno with recent renovations.

Property SizeContact for details
Days on Market1602

Property Features for 245 E Liberty St

General Information

Standard status Active
Class B
Property subtype Office
Zoning MD-RD
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1981
Year Renovated 2022
Buildings 1
Stories 5
Units 2
Tenancy Multi
Listing Agency: Logic Commercial Real Estate Reno
Listed By: Michael Keating · License #NV# S.174942
Source: Crexi
Added: Apr 14, 2022 Changed: Aug 26 Last Checked: Aug 31 at 5:16PM

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 Logic Commercial Real Estate Reno

Investment Insights

Based on property information with market context.

The property features office condos in downtown Reno. Over a million dollars has been invested in renovations, including exterior and interior common area improvements, and full space renovations. A gated underground garage and an open surface lot provide parking for owners and clients. It is Reno’s only downtown multi-level office condos, offering the benefits of property ownership with the location and convenience of downtown Reno. Full-floor office condos are available with 360-degree views, private restrooms, and controlled elevator access. Units are available in newly renovated turn-key condition or shell condition with the ability to fully customize. On-site storage units are available for purchase. The central Reno location allows quick access to both I-80 and Highway 580, creating easy access to all of the Reno/Sparks area. Condo mapping, APNs, and CC&Rs are completed. The property is located in the center of downtown Reno with convenient access to all adjacent city, state, and federal courthouses.

Key Highlights

  • Over a million dollars in recent renovations to exterior, common areas, and individual spaces.
  • Prime downtown Reno location with convenient access to courthouses, I‑80, and Highway 580.
  • Rare downtown multi‑level office condos offering property ownership benefits.

Property Analytics

Current Use

Stan Goodin Insurance Agency Alexander Elaine CPA Accounting Firm Redmon Terry J ... Accounting Firm Michelle Mckee, RN Registered General Nurse Government Social Media ... Training Center

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Clothing & Fashion Store Pet Store Pet Store & Service Restaurant

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

5,655
Businesses Nearby

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 Office in Reno, NV

9.9% 2019
12.5% 2020
9.8% 2021
10.2% 2022
12.5% 2023
10.6% 2024
9.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Multi-level office condos in downtown Reno with recent renovations.
Where is this office units located?
The property is located at 245 E Liberty St Reno, NV.
What are key features of this property?
This property features: Over a million dollars in recent renovations to exterior, common areas, and individual spaces.; Prime downtown Reno location with convenient access to courthouses, I‑80, and Highway 580.; Rare downtown multi‑level office condos offering property ownership benefits.
(775) 386-9727 Call to check price and availability
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