575 Forest St - Office FOR SALE


Reno, NV 89509- Midtown Reno
$1,950,000 USD
775-848-8130
575 Forest St, Reno, NV for Sale
$1,950,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

575 Forest St
Reno, NV 89509
Midtown Reno


OVERVIEW

The Seller has performed extensive renovations including environmental remediation, new climate systems, electrical work, lighting, and roof repairs. The property boasts a mid-century modern design and is located just south of California Avenue in the Downtown/Mid-Town area. Buyers have an opportunity to secure a unique property in a desirable location and continue the value-added work with a personalized design. The building has a high vacancy rate and is therefore ideal for an owner-user to grow, or investors can reap the rewards by leasing at their discretion.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

MU-RES

APN/PARCEL ID

011-223-17

ASK ABOUT THIS PROPERTY

Todd CollinsCushman & WakefieldMore Info
775-848-8130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Todd CollinsCushman & WakefieldMore Info
775-848-8130

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.