NV > Reno
Reno, NV 89510,1870 Vassar ST ##4
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Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
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Nanda & Jimmy Dozier

Nanda & Jimmy Dozier

+1(530) 721-2552
$ 2,200,000
Est. payment /mo
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Active

1870 Vassar ST ##4 Reno, NV 89510

5,672 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,672 sqft

Price per Sqft $387

MLS Listing ID 250057894

Year Built 1991

Annual Tax Amount $6,556

Lot Size 0.450 Acres

Acres 0.45

Lot Dimensions 0.45

Property Sub-Type Retail

Property Description

Established and well-maintained neighborhood strip center. Vassar Market, the primary occupant, is included in the sale, offering an excellent owner/user opportunity. In addition to Vassar Market, the property features four other long-term tenants, generating a steady income stream from retail, professional services, and personal service providers. Located in central Reno with convenient access to I-580, this property offers a prime location with high visibility. The rental income can be further increased as lease terms expire, potentially enhancing the property's cap rate. The property includes 22 parking spaces with easy access onto Vassar Street, making it highly accessible for customers. This is a truly remarkable investment opportunity for both owner-operators and investors. PLEASE DO NOT DISTRUB THE TENANTS! Contact the Listing Agents for a private showing.

Location

State NV

County Washoe

Zoning GC

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Accessible Parking, Lighted, Parking Lot

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Landscaped, Level

Story 1

Foundation Slab

Water Public

Structure Type Frame

Others

Tax ID 013-333-01

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Keller Williams Group One Inc.
Nanda & Jimmy Dozier

Nanda & Jimmy Dozier

Broker Associate | License ID: 01879975

+1(530) 721-2552

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1870 Vassar ST ##4

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