1425 4Th St Reno, NV 89512
This exceptional investment opportunity presents a vacant 5,705 square foot storefront located at 1425 E 4th St, Reno, NV 89512. The property, built in 1921 and extensively renovated in 2020, boasts a Class C designation and sits on a 0.147-acre lot (APN 008-267-22). Currently vacant, this two-story building offers significant potential for a variety of retail uses, given its permitted MU zoning. The asking price is $1,300,000. The property's substantial size and recent renovations provide a strong foundation for immediate occupancy or future development. Its central Reno location offers excellent visibility and accessibility. Detailed plans for the property's division into separate commercial and multi-family spaces are available upon request. This is an ideal opportunity for investors seeking a high-return property in a thriving Nevada market. The property's history, combined with its modern updates, creates a unique blend of character and contemporary appeal. Serious inquiries are encouraged to explore the full potential of this remarkable storefront.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.