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    118 West St Reno, NV 89501

    Sponsored
    For Lease
    Contact for pricing

    Two Suites Available, Riverwalk District

    Lot size:
    66,488 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at 118 West St. in Reno, Nevada, offers two available suites totaling 1,650 square feet within a larger 66,488 square foot building. Situated in the vibrant Riverwalk District of Downtown Reno, this property benefits from its prime location near N Arlington Ave and N Sierra St., providing excellent walkability to restaurants, a movie theater, and a parking garage. The building, constructed in 1907 and extensively renovated in 2024, features four stories and is situated on a 0.643-acre lot. Individual suite sizes are 950 square feet and 700 square feet, offering flexibility for various retail concepts. The property is zoned MD-RD and has an APN of 011-042-12. This is a rare opportunity to establish a retail presence in one of Reno's most desirable and high-traffic areas. The property's recent renovation ensures modern amenities and a fresh aesthetic, attracting both customers and tenants. This location provides unparalleled access to the bustling downtown core, offering significant potential for business growth and success. The property's multi-suite configuration allows for diverse tenant options or the possibility of a single tenant occupying the entire available space.

    Property Features for 118 West St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,488 SF

    Building Details

    Year Built/Renovated
    1907/2024
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Unit 1
    Size
    950 SF
    Space
    Unit 2
    Size
    700 SF

    HighLights

    • 1,650 SF of available retail space in two suites (950 SF & 700 SF) within a 66,488 SF building.
    • Prime Riverwalk District location in Downtown Reno, near N Arlington Ave and N Sierra St.
    • Recently renovated (2024) four‑story building on a 0.643‑acre lot, originally constructed in 1907.
    • MD‑RD zoning; APN 011‑042‑12.
    • High‑traffic location with excellent walkability to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.81557215944
    Latitude
    39.525526817229

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    FAQs

    What type of property is this?
    Individual retail property - Two Suites Available, Riverwalk District
    Where is this individual retail property located?
    The property is located at 118 West St Reno, NV.
    What are key features of this property?
    This property features: 1,650 SF of available retail space in two suites (950 SF & 700 SF) within a 66,488 SF building.; Prime Riverwalk District location in Downtown Reno, near N Arlington Ave and N Sierra St.; Recently renovated (2024) four-story building on a 0.643-acre lot, originally constructed in 1907.
    Request Owner's contact information
    118 West St Reno, NV 89501
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    Reno, NV 89501
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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
    118 West St Reno, NV 89501
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