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Property profile & analytics
FOR SALE
Office buildings

604 Lander St Reno, NV 89509

2,310 SF 0.11 ac lot Built 1917
Individually Owned 27-yr Hold Free & Clear
Property ID
US62-0982633
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1917
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,310 SF
Lot 0.11 ac (5,000 SF)
Zoning code PO
APN 011-216-01
UPID US62-0982633
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SINNAR FAMILYUST, DONALD L & BETTY
SINNAR FAMILYUST, DONALD L & BETTY
Zoning & alternative use
PO · Reno, NV
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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