Mill Grand Gateway 2597 Mill St 97,000 SF Vacant Office Building Reno, NV 89502 $9,700,000 ($100/SF)



INVESTMENT HIGHLIGHTS
- This property sits directly at gateway entrance to the Grand Sierra Resort
- Offers flexibility and adaptability for a range of retail businesses from retail and restaurants to light industrial & flex
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Taxes |
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Operating Expenses |
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Total Expenses |
$99,999
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$9.99
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PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Banking
- Controlled Access
- Fitness Center
- Food Service
- Restaurant
- Signage
- Waterfront
- Storage Space
- Central Heating
- Open-Plan
- Secure Storage
- Air Conditioning
- Fiber Optic Internet
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Extraordinary chance to own a commercial property with prime exposure and accessibility at 2597 Mill St. This property sits directly at gateway entrance to the Grand Sierra Resort and offers exceptional marquee visibility from the bustling I-580 freeway with over 190,000 daily vehicle trips (NDOT), ensuring maximum exposure for your business. This expansive 97,000 SF building, comprising 52,000 SF lower level and a 45,000 SF mezzanine, presents a lucrative investment potential. Strategically zoned MU, it offers flexibility and adaptability for a range of retail businesses. Currently at 15% occupancy, there is significant potential for immediate growth and increased returns. It also includes an expansive 2+- acre lot with over 100+ parking spaces, providing ample parking for customers and employees. The corner lot configuration opens up drive-through and roll-up door options, catering to a diverse range of potential uses, from retail and restaurants to light industrial and recreation. With the recent announcement of the Grand Sierra Resort's $1 billion entertainment district and new arena for the Nevada Wolf Pack basketball team, this area is poised for explosive growth and development. Secure your place now and capitalize on a huge future opportunity!
Extraordinary chance to own a commercial property with prime exposure and accessibility at 2597 Mill St. This property sits directly at gateway entrance to the Grand Sierra Resort and offers exceptional marquee visibility from the bustling I-580 freeway with over 190,000 daily vehicle trips (NDOT), ensuring maximum exposure for your business. This expansive 97,000 SF building, comprising 52,000 SF lower level and a 45,000 SF mezzanine, presents a lucrative investment potential. Strategically zoned MU, it offers flexibility and adaptability for a range of retail businesses. Currently at 15% occupancy, there is significant potential for immediate growth and increased returns. It also includes an expansive 2+- acre lot with over 100+ parking spaces, providing ample parking for customers and employees. The corner lot configuration opens up drive-through and roll-up door options, catering to a diverse range of potential uses, from retail and restaurants to light industrial and recreation. With the recent announcement of the Grand Sierra Resort's $1 billion entertainment district and new arena for the Nevada Wolf Pack basketball team, this area is poised for explosive growth and development. Secure your place now and capitalize on a huge future opportunity!
Space | Size | Space Use | Condition | Available |
1st Floor | 5,000-40,000 SF | Retail | Full Build-Out | Now |
2nd Fl-Ste Upstairs | 5,000-45,000 SF | Office/Retail | Partial Build-Out | Now |
1st Floor
Size |
5,000-40,000 SF |
Space Use |
Retail |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste Upstairs
Size |
5,000-45,000 SF |
Space Use |
Office/Retail |
Condition |
Partial Build-Out |
Available |
Now |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $937,477 (2025) | |
Land Assessment | $571,999 (2025) | Total Assessment | $1,509,475 (2025) |