60 Grove St Reno, NV 89502
- Investment properties
- 0.24 lot acres
Current Use by Public Records
- Investment properties
Property Details for 60 Grove St
- Year built
- 1996
- Lot size
- 0.24 lot acres
- Zone code
- MU
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 020-011-23
- APU
- 2001123
Description
This exceptional 0.24-acre commercial land parcel, located at 60 E Grove St in Reno, Nevada (zip code 89502), presents a unique investment opportunity. The property is zoned MU, offering considerable flexibility for a variety of commercial uses. Potential uses include medical facilities, bars, lounges, taverns, general office spaces, indoor manufacturing, maintenance/repair businesses, and restaurants (with or without alcohol licenses – verification with the City of Reno is recommended). The lot size is 0.24 acres, and the APN is 020-011-23. The asking price is $449,000. This property benefits from its location in an Opportunity Zone and boasts readily available three-phase, 120/208V power. The property's prime location and versatile zoning make it an ideal investment for developers and entrepreneurs seeking a strategic foothold in Reno's thriving commercial market. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. Further due diligence is recommended to confirm all permitted uses with the relevant city authorities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.799
- Latitude
- 39.5007
- CBSA code
- 39900
- CBSA name
- RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
