303 3Rd St Reno, NV 89501
This exceptional mixed-use property offers ±1,171 square feet of prime retail space in the heart of Reno's revitalized downtown core. Located within a modern, upscale redevelopment project, this space is part of a building featuring 94 high-end apartments, creating a strong synergy and built-in customer base. The property is situated just blocks from the University, ensuring high foot traffic and visibility. The building itself is a single structure with a total of four suites, offering a unique opportunity for a business seeking a vibrant and convenient location. The zoning is designated Mixed-Use Downtown Retail, allowing for a variety of commercial uses. This space is ideal for a restaurant or similar business, given its former use as a market and its current grayshell condition, allowing for complete customization. The property's central location and association with a thriving residential community make it an attractive investment opportunity. The address is conveniently located in Washoe County, and the APN is 007-285-22. Further property updates can be found at www.3rdstreetflatsreno.com. Don't miss this chance to establish your business in a rapidly growing and desirable area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.