245 Washington St Reno, NV 89503-5222
This exceptional 4,750-square-foot industrial property, located at 235 & 245 Washington Street in Reno, Nevada, presents a unique investment opportunity. The single-tenant building, constructed in 1959, is classified as both flex and warehouse space, offering versatile usage potential. The property boasts two convenient grade-level drive-in doors, facilitating efficient loading and unloading. Situated on a 0.109-acre lot, the building also includes a sizable fenced yard, providing ample outdoor storage or maneuvering space. The zoning designation is MD-NWQ. The property's central downtown Reno location offers excellent accessibility and visibility. With a total building area of 4,750 square feet, and currently 4,750 square feet vacant, this property is ready for immediate occupancy. The Assessor's Parcel Number (APN) is 011-015-01. This is an ideal space for businesses requiring both indoor and outdoor operational areas, benefiting from the combination of warehouse and flex space in a prime Reno location. The property's features and location make it a highly desirable asset for a variety of commercial uses.
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Al's Towing LLC - Reno NV Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MDNWQ · Reno, NVReno. Always verify with local authorities before improvements.
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.