For Sale
$2,150,000

25 La Rue Ave Reno, NV 89509

Mixed-use, 4,402 SF, high potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional commercial property, located at 25 La Rue Avenue in Reno, Nevada, presents a unique investment opportunity. Situated on a 0.31-acre corner lot at the intersection of South Virginia Street and La Rue Avenue in the vibrant Midtown Reno area, this property offers 4,402 square feet of space across two buildings. Built in 1968, the property is zoned MUMC (Mixed Use, Multiple Commercial), allowing for a wide range of development possibilities. Currently, the site generates income from existing structures including a market, a church, and a billboard. Investors can capitalize on this existing income stream or pursue new construction, leveraging the property's prime location and high visibility. The property is conveniently located just minutes from Interstates 580 and 80, providing excellent access to major transportation routes. Offered at $2,150,000 ($488.41 per square foot), this property is being sold "As-Is" with no repairs included. The significant potential for redevelopment and the strong location make this a compelling investment opportunity in a thriving Reno neighborhood. The property's size and zoning provide flexibility for a variety of commercial ventures. Don't miss this chance to acquire a valuable asset in a rapidly growing market.

Highlights

  • $2,150,000 asking price.
  • 4,402 square foot office and land property.
  • Located at 25 La Rue Avenue, Reno, NV 89509.
  • Mixed-use zoning (MUMC).
  • 0.31-acre corner lot in Midtown Reno, near I-580 and I-80.

Property Details for 25 La Rue Ave

Property type
Office properties, Land
Square Feet
4,402 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.516416
Longitude
-119.8090571

FAQs

What type of property is this?
Office property - Mixed-use, 4,402 SF, high potential
Where is the office property located?
The property is located at 25 La Rue Ave Reno, NV.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: $2,150,000 asking price.; 4,402 square foot office and land property.; Located at 25 La Rue Avenue, Reno, NV 89509.
How can I contact the broker?
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25 La Rue Ave
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