1110 Wells Ave Reno, NV 89502
This exceptional 2,112 square foot storefront retail property, located at 1110 S Wells Ave in Reno, Nevada (zip code 89502), presents a lucrative investment opportunity. The building, constructed in 1974 and renovated in 2016, boasts a Class B rating and sits on a 5,053 square foot lot, including an attached parking lot. The property is zoned GC and features a single-tenant occupancy in a NNN lease structure. Its convenient location offers easy access to Midtown Reno, Downtown Reno, and Parklane Mall, ensuring high visibility and foot traffic. The property is currently occupied, making it an ideal turnkey investment for business owners or investors seeking immediate returns. The single-story building offers 2,112 square feet of net rentable space, providing ample room for a variety of retail businesses. This well-maintained property is ready for immediate occupancy and presents a strong opportunity for long-term growth and profitability. The asking price is $886,000. Property APN is 0130015.
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A Toda Madre Tattoos Tattoo & Piercing 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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