124 Wonder StReno, NV 89502

Property Details for 124 Wonder St

Year built

1982

Lot size

0.14 AC

Zone code

GC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

014-071-26

APU

1407126

Description

This exceptional Class A retail property, located at 124 Wonder Street in Reno, Nevada, presents a unique investment opportunity. The 6,818 square-foot building, built in 1925 and renovated in 1999, is situated on a 0.571-acre lot and boasts a desirable Midtown location. Currently operating as a 100% occupied bar and restaurant under a NNN lease with one year remaining, the property offers a strong return on investment. The asking price is $2,450,000, translating to $359.34 per square foot. Key features include a grease interceptor, hood system, brewery equipment, multiple beer taps, and a rooftop deck. Ample parking is available on-site (49 spaces) and nearby. The property is zoned General Commercial (GC) and benefits from high traffic counts on nearby Holcomb Avenue (20,220 vehicles). This two-story building is a turnkey operation, ready for a new owner to step in and continue the success. The property's APN is 014-071-17, 014-071-02, 014-071-03, and 014-071-26. This is a rare opportunity to acquire a thriving business in a vibrant Reno neighborhood.

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.5138

Longitude

-119.806

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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