604 Lander St Reno, NV 89509
For Sale
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This exceptional two-story, 3,290 square foot office building, situated on a 0.115-acre corner lot in Reno's vibrant downtown, presents a compelling owner-user or investment opportunity. Built in 1917 and renovated in 1947, the property boasts a timeless brick exterior, abundant natural light from numerous windows, and meticulously crafted landscaping. The building includes a finished basement adding approximately 980 square feet of usable space, totaling approximately 3,290 square feet across three levels accessible by stairs. A detached two-car garage and ample driveway parking accommodate up to four vehicles, supplemented by abundant street parking. The property features a conference area, numerous private offices, workspace, closets, and two restrooms. The layout is adaptable to suit various professional needs. The lower level provides ideal storage or additional workspace. A new roof was installed in 2008. The PO (Professional Office) zoning is perfect for owner-occupancy or redevelopment. This property has been owned and used by the same owner for over 40 years. Its prime location offers proximity to courthouses, the financial district, entertainment, restaurants, retail, and housing. The asking price is $1,400,000 ($425.53/sq ft). A virtual tour is available.
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
PO · Reno, NVReno. Always verify with local authorities before improvements.
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.