507 4th St, Reno, NV 89512-3317

This exceptional investment opportunity encompasses two adjacent convenience stores located in the heart of Reno, Nevada, at 507 & 535 E 4th St. The properties, situated on a combined 0.25 acres, boast a total square footage ranging from 1,323 to 4,200 square feet, offering significant potential for expansion or redevelopment. Built in 1930 and 1966 respectively, these buildings are zoned MD-ID (Mixed-Use Downtown Innovation District), allowing for a variety of uses beyond their current configuration as mini-marts. The properties are conveniently located in Reno, Washoe County, NV, 89512, providing easy access to a high-traffic area and a dense population base. The asking price for this combined retail investment is $1,325,000. The individual APNs are 008-241-09 and 008-241-06. This presents a rare chance to acquire established businesses in a thriving urban core, with the flexibility to adapt to evolving market demands within the dynamic MD-ID zoning. The properties' location and zoning provide a strong foundation for long-term growth and profitability, making this an attractive investment for both seasoned and emerging investors seeking a foothold in the Reno market. The combined size and strategic location offer significant upside potential for future development or continued operation as successful convenience stores.