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    140 Washington St Reno, NV 89503

    Sponsored
    For Lease
    $18 SF/Yr ($19,188 /Mo)

    Prime Reno location, renovated office suites.

    Lot size:
    12,792 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This three-story, 12,792 square foot office building at 140 Washington Street in Reno, Nevada, offers multiple tenancy options. Built in 1969 and renovated in 2017, the property features 3,507 square feet of vacant space, divisible into units as small as 794 square feet, with a maximum contiguous space of 1,816 square feet. The building sits on a 0.482-acre lot (21,000 square feet) and is zoned MUDR. Its convenient downtown location offers easy access to the Truckee River and the vibrant Riverwalk District, known for its shopping, dining, entertainment, and recreational opportunities. The property's Washoe County address (APN 011-018-19, zip code 89503) provides a prime location for businesses seeking a blend of accessibility and a lively urban environment. This is an excellent opportunity for businesses seeking modern, renovated office space in a desirable Reno location. Available suites are located on the lower level.

    Property Features for 140 Washington St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,792 SF
    Total Rate
    19188

    Building Details

    Year Built/Renovated
    1969/2017
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    LL 20
    Size
    897 SF
    Rate per SF
    $18
    Space
    LL 60
    Size
    794 SF
    Rate per SF
    $18
    Space
    150
    Size
    2,503 SF
    Rate per SF
    $24

    HighLights

    • Recently renovated office space.
    • Downtown location.
    • Convenient to restaurants, bars, and the River Walk.
    • Building features elevator service.
    • Abundant parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carpenter Law Office Attorney Sandra Figueroa Cruz Consultant Hawk Ridge Systems Software Company Law Offices of Cotter ... Criminal Justice Attorney Post Modern Marketing Website Designer

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8219255
    Latitude
    39.5247211

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Reno location, renovated office suites.
    Where is this office property / space located?
    The property is located at 140 Washington St Reno, NV.
    What is the lease rate?
    The lease rate is $18-$24 SF/Yr.
    What are key features of this property?
    This property features: Recently renovated office space.; Downtown location.; Convenient to restaurants, bars, and the River Walk.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    140 Washington St Reno, NV 89503
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