24 California Ave Reno, NV 89509
This exceptional two-story building at 20-24 California Avenue in Reno, Nevada (89509), offers 6,414 square feet of versatile space, currently entirely vacant and available for lease. The property, zoned MD-RD, features a mix of traditional office, coworking, and creative office sub-types, making it ideal for a variety of businesses. Units range from 1,358 to 6,414 contiguous square feet, providing flexibility for various needs. The building boasts a modern renovation that complements its historic charm, and includes shared restrooms and a tenant patio. Its prime location at the corner of California Avenue and South Virginia Street places it within walking distance of Downtown Reno, the Riverwalk District, and the Midtown District, benefiting from a large daytime population within a two-mile radius. The building's existing tenant mix includes successful food and beverage establishments. This property presents a unique opportunity to establish a presence in a thriving urban environment. The APN is 011-226-39.
-
24 Cali Shopping Center & Mall
-
Elixir Superfood & Juice Restaurant
-
The Wheyfarer Bakery Specialty Food Shop
-
RareTea Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.