# Prime Investment Opportunity: East West Center Office Building for Sale Discover a prime value-add opportunity in Reno's thriving market at the **East West Center**, **550 E Plumb Ln, Reno, NV 89502**. This Class C office building, built in 1978 and updated in 2004, spans 5,940 rentable SF on a 0.22-acre lot. Priced at **$1,995,000** ($336/SF), it offers strong income potential and flexibility for investors or owner-occupiers in the vibrant Reno Experience District neighborhood—minutes from Reno-Tahoe International Airport, major highways, downtown, and amenities like retail and medical facilities. Enjoy a Walk Score of 85 and Bike Score of 74. ## Key Highlights: - **Occupancy & Tenant Mix**: 78% occupied with a diverse service-oriented lineup, including tax prep, document prep, cosmetologists, massage therapy, tutoring, and therapists—ensuring stable cash flow and broad appeal. - **Recent Upgrades**: New HVAC systems and water heaters installed throughout in July 2025 for efficiency and low maintenance. Leased suites boast fresh flooring, paint, and some with in-suite sinks, ideal for professional services. - **Value-Add Potential**: Enhance value through targeted updates to common areas, restrooms, exterior façade/paint, and parking lot re-sealing/striping—boosting rents, retention, and NOI. - **Flexible Structure**: Short-term leases enable easy rent optimization, tenant curation, or conversion to owner-occupied use. - **Specifications**: - Rentable SF: 5,940 (up to 3 stories) - Parking: ~20 on-site spaces - Zoning: Professional Office (PO) - **Financials**: Detailed NOI and cap rate available upon NDA request, reflecting recent improvements. In Reno's dynamic economy—driven by tech, logistics, and tourism—this stabilized asset with upside stands out. Ideal for investors seeking growth or businesses needing a customizable space. Contact Hallmark Investments & Management for details, financials (with NDA), or a tour.