527 Lander 7,887 SF Office Building Reno, NV 89509 $2,995,000 ($379.74/SF)

INVESTMENT HIGHLIGHTS

  • 6,783 SF 2-Story Office + 1,104 SF 2-Story MF Duplex on same parcel
  • Large Windows
  • Additional income from duplex located on parcel (2x 2-bedroom units)
  • Mix of private offices and open floorplan
  • Professional office renovation completed in 2017
  • Turn-key office, 100% move in Ready

EXECUTIVE SUMMARY

- Two-story office building with duplex on one parcel
- Turn-key office, 100% move-in ready
- Modern design and finishes completed by Henriksen Butler
- Over $1,000,000 in major renovations completed in 2017
- Close proximity to prestigious California Ave
- Additional income from duplex apartments located on west side of parcel, includes two (2) two-bedroom units
- Eight (8) on site parking spaces
- Thirteen (13) private offices, two (2) conference rooms, three (3) bullpens, and modern kitchen
- Four (4) private restrooms
- Open kitchen and small sitting rooms

PROPERTY FACTS

Sale Type
Owner User
Sale Conditions
Sale Leaseback
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,887 SF
Building Class
B
Year Built/Renovated
1942/2017
Price
$2,995,000
Price Per SF
$379.74
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,944 SF
Building FAR
0.79
Lot Size
0.23 AC
Zoning
PO, Professional Office
Parking
12 Spaces (1.52 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Kitchen
  • Central Heating
  • Open-Plan
  • Air Conditioning
  • Balcony
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (84)

PROPERTY TAXES

  • Listing ID: 31027914

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 527 Lander, Reno, NV 89509