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235 W Pueblo 235 W Pueblo St
2,785 SF 21% Leased Flex Building Reno, NV 89509 $1,200,000 ($430.88/SF)



INVESTMENT HIGHLIGHTS
- Potential for multi-family development on lot
- Good tenant occupancy
- Flexible space that can accommodate various types of businesses
- Versatile mixed-use building in the highly coveted Midtown Reno area
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$60,000
![]() |
$21.54
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$60,000
![]() |
$21.54
![]() |
Taxes |
$2,634
![]() |
$0.95
![]() |
Operating Expenses |
$13,862
![]() |
$4.98
![]() |
Total Expenses |
$16,496
![]() |
$5.92
![]() |
Net Operating Income |
$43,504
![]() |
$15.62
![]() |
FINANCIAL SUMMARY (PRO FORMA - 2024)
Gross Rental Income | |
---|---|
Annual | $60,000 |
Annual Per SF | $21.54 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $60,000 |
Annual Per SF | $21.54 |
Taxes | |
---|---|
Annual | $2,634 |
Annual Per SF | $0.95 |
Operating Expenses | |
---|---|
Annual | $13,862 |
Annual Per SF | $4.98 |
Total Expenses | |
---|---|
Annual | $16,496 |
Annual Per SF | $5.92 |
Net Operating Income | |
---|---|
Annual | $43,504 |
Annual Per SF | $15.62 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Signage
- Yard
- Reception
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Oil (Fired)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Geologist
- Professional, Scientific, and Technical Services
- 400 SF
- -
- -
- Massage Therapy
- Health Care and Social Assistance
- 400 SF
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Geologist | Professional, Scientific, and Technical Services | 400 SF | - | - | ||
Massage Therapy | Health Care and Social Assistance | 400 SF | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Utilities Included: Electric, A/C, heat, water, garbage. It is in a quiet neighborhood two blocks from Virginia Street. Off-street parking is at the rear of the building. There is a bathroom and a kitchenette. It is a very safe neighborhood.
800 Sq Ft, large, bright, freshly painted office, Pergo flooring, two closets.
Space | Size | Space Use | Condition | Available |
1st Fl-Ste A | 1,400 SF | Office | - | Now |
2nd Fl - B | 800 SF | Flex | - | Now |
1st Fl-Ste A
Size |
1,400 SF |
Space Use |
Office |
Condition |
- |
Available |
Now |
2nd Fl - B
Size |
800 SF |
Space Use |
Flex |
Condition |
- |
Available |
Now |
1st Fl-Ste A
Size | 1,400 SF |
Space Use | Office |
Condition | - |
Available | Now |
Utilities Included: Electric, A/C, heat, water, garbage. It is in a quiet neighborhood two blocks from Virginia Street. Off-street parking is at the rear of the building. There is a bathroom and a kitchenette. It is a very safe neighborhood.
2nd Fl - B
Size | 800 SF |
Space Use | Flex |
Condition | - |
Available | Now |
800 Sq Ft, large, bright, freshly painted office, Pergo flooring, two closets.
PROPERTY TAXES
Parcel Number | 014-123-12 | Total Assessment | $97,210 (2025) |
Land Assessment | $54,000 (2025) | Annual Taxes | $2,634 ($0.95/SF) |
Improvements Assessment | $43,210 (2025) | Tax Year | 2024 |
PROPERTY TAXES
ZONING
Zoning Code | MURES (Flex Building) |
MURES (Flex Building) |
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235 W Pueblo | 235 W Pueblo St
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