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248 W 1st St
2,400 SF of Retail Space Available in Reno, NV 89501
Highlights
- 248 W 1st Street offers a 2,400-square-foot mezzanine suite retail space for lease with an available TI allowance.
- Move into a recently renovated building featuring new HVAC units, electrical panels, and completed in-unit bathrooms.
- Situated in a great location close to the 395 freeway, Interstate 80, and the Reno/Tahoe International Airport.
- In the heart of Downtown Reno, home to a wide array of casinos, resorts, local shops and restaurants, and the University of Nevada.
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
This 2,400 SF mezzanine suite has one completed bathroom, a new electrical panel, no lighting with generic convenience outlets throughout, a surface-mounted conduit, and two new HVAC units mounted on the roof above. There is a main HVAC duct through the concrete ceiling in each unit. No additional distribution ducts in the space.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Recently Renovated
- Partially Built-Out as Standard Retail Space
- Great location in Downtown Reno
- TI Allowances for Qualified Tenants
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 2nd Floor, Ste Mez | 2,400 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $4,800 /MO $57,600 /YR | Retail | Partial Build-Out | Now |
2nd Floor, Ste Mez
| Size |
| 2,400 SF |
| Term |
| Negotiable |
| Rental Rate |
| $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $4,800 /MO $57,600 /YR |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Floor, Ste Mez
| Size | 2,400 SF |
| Term | Negotiable |
| Rental Rate | $24.00 /SF/YR |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
This 2,400 SF mezzanine suite has one completed bathroom, a new electrical panel, no lighting with generic convenience outlets throughout, a surface-mounted conduit, and two new HVAC units mounted on the roof above. There is a main HVAC duct through the concrete ceiling in each unit. No additional distribution ducts in the space.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Air Conditioning
- Great location in Downtown Reno
- Recently Renovated
- TI Allowances for Qualified Tenants
PROPERTY FACTS FOR 248 W 1st St , Reno, NV 89501
| No. Units | 28 | Apartment Style | Mid Rise |
| Property Type | Multifamily | Building Size | 22,999 SF |
| Property Subtype | Apartment | Year Built | 1948 |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Size | 22,999 SF |
| Year Built | 1948 |
About the Property
248 W 1st Street is an opportunity to lease a retail space below a multifamily building in the heart of Downtown Reno. The last remaining retail space in the building is a second-floor mezzanine suite comprising 2,400 square feet. Providing the opportunity to cater the space to a tenant's need, the available unit is filled with floor-to-ceiling windows and ample power solutions for a business to provide their lighting. This stunning suite is enhanced with a new electrical panel, generic convenience outlets throughout, and a surface-mounted conduit. There is one ensuite bathroom that was recently completed. 248 W 1st Street has two new HVAC units mounted on the roof above the mezzanine space, and the duct is funneled through the concrete ceiling in each unit. There are no additional distribution ducts in the space. On the two upper levels above the retail suites, the building features 28 apartment units. Find this mixed-use property at a highly accessible location in Downtown Reno. 248 W 1st Street conveniently reaches the Interstate 580, 80, and the 395 and 659 Freeways that travel throughout the greater Reno area. The retail destination is strategically located in Downtown Reno, where many flock to the Reno Aces, Circus Circus, the Reno Events Center, and much more. The property is in proximity to local amenities in the Meadowood Submarket, including Walmart Supercenter, Sam's Club, Nordstrom Rack, Best Buy, and The Cheesecake Factory. This well-maintained building is one mile from The University of Nevada, Reno, with a student body of over 21,778 students.
Features and Amenities
- 24 Hour Access
- On-Site Retail
- Elevator
DEMOGRAPHICS
Demographics
Nearby Major Retailers
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Alex Hilgenberg -
Power Broker Sean Retzloff -
Power Broker Shawn Smith -
Kidder Mathews
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248 W 1st St
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