2615 Mill St Reno, NV 89502

This exceptional 52,080-square-foot warehouse, located at 2615 Mill St in Reno, Nevada (zip code 89502, APN 012-220-21), presents a compelling investment opportunity. Currently 100% occupied, the property boasts a strong in-place income stream with significant potential for rental increases in the near future. Built in 1969 and situated within the MU zoning district, this industrial building features a 20-foot ceiling height, providing ample storage and operational space. The property has recently undergone substantial improvements, including complete repaving, new curbing, and fresh exterior paint, all completed in 2024. Furthermore, a contract is in place for a full roof replacement, ensuring long-term structural integrity. This prime location is adjacent to the planned GSR development, promising future growth and increased property value. The asking price is $7,900,000, translating to $151.69 per square foot. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset in a rapidly developing area of Reno. The property offers a solid return on investment with significant upside potential.