For Sale
$10,500,000

100 Sierra StReno, NV 89501

Prime Reno location, high-end tenants, owner-user potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional three-story, 55,626 square foot mixed-use building at 100 N Sierra Street in Reno, Nevada, presents a unique owner-user opportunity. Located in the heart of downtown, across from the Century Riverside 12 Theater, this Class A property boasts a prime location surrounded by thriving restaurants, bars, shops, and residential areas. Built in 1957 and extensively renovated in 2020, the building features a new roof, HVAC system, modernized elevator, renovated lobby, and 12 new exterior windows. The basement is fully improved, and the entire third floor is vacant and ready for custom build-out, offering significant potential for expansion or adaptation to suit specific business needs. The property sits on a 13,983 square foot lot and is zoned MD-RD (Reno Mixed Use Downtown Riverwalk District). Current tenants include Liberty Food & Wine Exchange, Reno Axe & Social, Claggett & Sykes Law Firm, and The Agency, demonstrating strong occupancy and rental income potential. The building's recent upgrades, combined with its desirable location and existing high-quality tenants, make this an exceptional investment opportunity for owner-users seeking a prominent presence in Reno's vibrant downtown core. The asking price is $10,500,000. The property's APN is 011-061-09. Occupancy commenced June 10, 2022.

Highlights

  • Three-story, 55,626 SF mixed-use building with finished basement.
  • Tenants include Liberty Food & Wine Exchange, Reno Axe & Social, Claggett & Sykes Law Firm, and The Agency.
  • 2020 renovations included a new roof, HVAC system, modernized elevator, renovated lobby, 12 new windows, and exterior improvements.

Property Details for 100 Sierra St

Property type
Retail properties, Restaurants
Square Feet
55,626 SF
Class
A
Year Built/Renovated
1957/2020
Buildings
1
Stories
3

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5256271
Longitude
-119.8139764
100 Sierra St, Reno, Nevada

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100 Sierra St
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