25 2Nd St Reno, NV 89501
This exceptional three-story building, constructed in 1930, offers a 1,750 square foot retail or restaurant space available for lease at 25 W 2nd St, Reno, NV 89501. Located in the heart of Reno's Downtown submarket, near Mid-town, eateries, offices, and residential areas, this property boasts a highly desirable location with excellent street parking. The building totals 20,442 square feet and is zoned MD-ED. The available space is part of a multi-tenant building with a total of five suites. The minimum divisible space is 1,750 square feet, and the maximum contiguous space available is also 1,750 square feet. This versatile space is perfect for a variety of uses, making it an ideal opportunity for entrepreneurs seeking a thriving location. The property's convenient location and built-in amenities offer a turnkey solution, minimizing initial setup costs and maximizing potential. The APN is 01105119, and the cross street is Virginia Street. This is a rare opportunity to secure a prime location in a vibrant and growing area.
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
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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.