$ 1,100,000
816 E 4th Street Reno, NV 89512
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$ 1,100,000
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2,000 SqFt
$ 1,100,000
Est. payment | /mo
2,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $550
Subdivision Nv
MLS Listing ID 230014059
Year Built 1980
Lot Size 0.470 Acres
Acres 0.47
Property Description
Introducing an unparalleled multifamily/mixed use development opportunity in downtown Reno. The mixed-use zoning, by right, allows multifamily and commercial uses. The downtown location provides easy access to public transportation, parks, cultural venues and the University of Nevada - Reno. The corner location adjacent to the e. 4th St. High Frequency Transit corridor and MU zoning support high and mid-rise multifamily residential development. “Four or Five Story over Podium Garage” multifamily building construction is popular in the Reno/Sparks MSA since it is most suitable for urban mixed-use and multifamily residential developments. The property has alley access reducing setbacks and maximizing the building footprint. All utilities are onsite! Seller Financing/Participation is possible. Property has a tenant occupied 2,000 SF masonry building which will generate income to the new owner during the permitting process.
Location
State NV
County Washoe
Zoning MU
Interior
Interior Features Masonry, Sheet Rock
Heating Natural Gas, Air Unit, Evap Cooling, Forced Air
Flooring Concrete
Exterior
Exterior Feature Brick
Fence Back, Yes, Chain Link
Utilities Available Cable, City Sewer, Electricity, Natural Gas, Telephone
Roof Type Flat
Total Parking Spaces 40
Building
Story 1 Story
Foundation Concrete Slab
Level or Stories 1 Story
Structure Type Masonry
Others
Tax ID 00825215
SqFt Source 2000
Special Listing Condition None
Listed by Chase International-Damonte