Property profile

1425 4Th St Reno, NV 89512

OFF-MARKET
Retail properties & Spaces
5,705 SF 0.15 ac lot Built 1921
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1921
Total area 5,705 SF
Lot 0.15 ac (6,403 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Location

1425 4Th St Reno, NV 89512
Reno metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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