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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

120 2Nd St Reno, NV 89501

Built 1940
Property ID
Property summary
AI-generated overview

This exceptional 1,200 square foot retail space, located at 120 E 2nd Street in Reno, Nevada (APN 011-072-10), presents a unique opportunity for a variety of businesses. Previously operating as a bar/saloon, this single-tenant property boasts a rich history and prime downtown location. Built in 1940, the space is zoned MD-RD and offers significant potential for redevelopment or continued use as a restaurant or retail establishment. Its central downtown Reno location places it in close proximity to several key attractions and developments, including Greater Nevada Field (home of the Reno Aces), a new 368-unit apartment complex with associated parking, and the expansive Reno City Center mixed-use development. This development comprises 530 residential units, 78,500 square feet of retail space, and 150,000 square feet of office space, ensuring high foot traffic and a vibrant surrounding environment. The property's address is 120 E 2nd St, Reno, NV 89501, and its cross street is University Way. This location offers unparalleled access to the energy and activity of downtown Reno, making it an ideal investment for discerning entrepreneurs. The property's history as a well-known establishment provides a strong foundation for future success.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gofer Market - Mr. Stores Inc. Grocery & Convenience Store
  • Doc Hollidays Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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