For Sale
$975,000

901 2Nd St Reno, NV 89503

Downtown Reno auto shop, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
137
Prime Reno location! This 1,310 sq ft auto shop, situated on a 0.213-acre lot at 901 W 2nd St, offers a unique investment or owner-user opportunity. Located in Reno's Neon Line District, this property boasts a 93 walk score and high visibility due to its corner location and significant traffic. Built in 1964, the single-story building features two roll-up doors and a large canopy, ideal for automotive use or redevelopment. The Mixed-Use Downtown Innovation District zoning (MD-ID) allows for diverse uses. Currently net-leased to MasterTech Automotive on a month-to-month agreement at $2,850 per month (tenant pays property taxes and utilities), this presents a strong cash flow potential. The property's size and zoning allow for significant expansion or redevelopment, capitalizing on the surrounding new high-density residential development. This is a rare chance to acquire a well-located property in a rapidly growing area of Reno, Nevada. The asking price is $975,000, with a price per square foot of $744.27. The APN is 011-011-05.

Highlights

  • $975,000 asking price for this 1,310 SF retail property.
  • Located at 901 W 2nd St, Reno, NV 89503, in the Neon Line District.
  • Net-leased investment or owner-user opportunity; currently leased to MasterTech Automotive on a month-to-month basis at $2,850/month plus NNN.
  • 0.213-acre lot with two roll-up doors and a large canopy; zoned MD-ID: Mixed-Use Downtown Innovation District.
  • Built in 1964, this single-story building offers high visibility and traffic on a corner lot with a 93 Walk Score.

Property Details for 901 2Nd St

Property type
Retail properties, Auto shops
Square Feet
1,310 SF
Year Built
1964
Buildings
1
Stories
1
Lot Size (sq. ft)
9,278 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.525028
Longitude
-119.8248961

FAQs

What type of property is this?
Retail property - Downtown Reno auto shop, high visibility
Where is the retail property located?
The property is located at 901 2Nd St Reno, NV.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: $975,000 asking price for this 1,310 SF retail property.; Located at 901 W 2nd St, Reno, NV 89503, in the Neon Line District.; Net-leased investment or owner-user opportunity; currently leased to MasterTech Automotive on a month-to-month basis at $2,850/month plus NNN.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
901 2Nd St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message