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620 Ryland St
Reno, NV 89502

Retail Property For Sale

Retail Space Nevada Reno 620 Ryland St, Reno, NV 89502

Investment Highlights

  • Wells & Ryland - MID TOWN - Great Access to downtown and freeway access only 2 minutes away to I80 or I395
  • Broker is also owner / seller
  • Accross the street from RENOWN Hospital

Executive Summary

Newly remodeled Office, suite 620. Tenant is Music Studio on long term lease.
New remodeled 1BR & 2BR, suite 622 and 622.5. New Long Term tenants in place.
House, suite 624. Tenant has been occupying for over 20 years.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,922 SF
Building Class
C
Year Built
1931
Price
$975,000
Price Per SF
$165
Cap Rate
7%
NOI
$68,250
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.14 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
MD-RD - MU Mixed Use property on 1 APN, which allows for low taxes New Plumbing, Electrical and brand new condition

Amenities

  • Storage Space

Links

PROPERTY TAXES

Parcel Number 013-013-23 Improvements Assessment $40,961
Land Assessment $66,490 Total Assessment $107,451

PROPERTY TAXES

Parcel Number
013-013-23
Land Assessment
$66,490
Improvements Assessment
$40,961
Total Assessment
$107,451
 

  • Listing ID: 33453307

  • Date on Market: 10/8/2024

  • Last Updated:

  • Address: 620 Ryland St, Reno, NV 89502

More public record information on 620 Ryland St, Reno, NV 89502

The Retail Property at 620 Ryland St, Reno, NV 89502 is currently available for sale. Contact Sky West Real Estate Services for more information.

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