Property profile

206 Linden St Reno, NV 89502

OFF-MARKET
Grocery and convenience stores
Property ID
US62-0093776
4,020 SF 0.66 ac lot Built 1988
Trust Owned 12-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 596-square-foot retail space, located at 206 Linden Street in Reno, Nevada, presents a fantastic opportunity for a single-tenant business. Situated in Washoe County, this property boasts a convenient location within walking distance of numerous residential areas, ensuring high foot traffic and visibility. The interior features attractive laminate flooring and an open floor plan, providing flexibility for various retail configurations. The property is classified as a single-tenant retail store, offering a dedicated and independent space for your business. The address is easily accessible, making it convenient for both customers and employees. This property is ideal for a small business seeking a well-located, move-in ready space in a thriving Reno neighborhood. The zip code is 89502. The open layout allows for creative design and efficient use of space. The laminate flooring provides a clean and modern aesthetic. This is a single-tenant occupancy, ensuring privacy and control over the space. The property's proximity to residential areas offers a built-in customer base. This presents a unique opportunity to establish a successful retail presence in a desirable Reno location. The property is ready for immediate occupancy.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1988
Construction WOOD
Total area 4,020 SF
Lot 0.66 ac (28,885 SF)
Zoning code MU
APN 020-021-10
UPID US62-0093776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Discount Store
  • Clothing Store
  • Hair Salon Nail Salon

Location

206 Linden St Reno, NV 89502-4481
Reno metro Census 900 RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$785k
Comparable Approach Comparable
$615k
Blend (final) Blend
$280k

Owner & transaction history

since 2014
7 recorded transactions
2014
Price N/A
2013
$400,000
2008
Price N/A
2007
Price N/A
2005
$485,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

MU · Reno, NV
Zoning description

The MU district is intended to promote an urban pattern of mixed-use development. The MU district is located adjacent to existing/planned high-frequency transit corridors, or where higher pedestrian activity is desired.…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 206 Linden St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message