Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
Reno, NV 89510,1870 Vassar ST ##4
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William Grow

William Grow

+1(775) 413-1997
$ 2,200,000
Est. payment | /mo

5,672 SqFt

Save
$ 2,200,000
Est. payment | /mo
Save

5,672 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,672 sqft

Price per Sqft $387

MLS Listing ID 250057894

Year Built 1991

Annual Tax Amount $6,556

Lot Size 0.450 Acres

Acres 0.45

Lot Dimensions 0.45

Property Sub-Type Retail

Property Description

Established and well-maintained neighborhood strip center. Vassar Market, the primary occupant, is included in the sale, offering an excellent owner/user opportunity. In addition to Vassar Market, the property features four other long-term tenants, generating a steady income stream from retail, professional services, and personal service providers. Located in central Reno with convenient access to I-580, this property offers a prime location with high visibility. The rental income can be further increased as lease terms expire, potentially enhancing the property's cap rate. The property includes 22 parking spaces with easy access onto Vassar Street, making it highly accessible for customers. This is a truly remarkable investment opportunity for both owner-operators and investors. PLEASE DO NOT DISTRUB THE TENANTS! Contact the Listing Agents for a private showing.

Location

State NV

County Washoe

Zoning GC

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Accessible Parking, Lighted, Parking Lot

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Landscaped, Level

Story 1

Foundation Slab

Water Public

Structure Type Frame

Others

Tax ID 013-333-01

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Keller Williams Group One Inc.

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Washoe Online Learning

    Public | KG - 12

  • 8

    Coral Academy Charter School Elementary School

    Public | KG - 5

  • 7

    Jessie Beck Elementary School

    Public | PK - 6

  • 7

    Mount Rose Elementary School

    Public | PK - 6

  • 7

    Huffaker Elementary School

    Public | PK - 6

  • 6

    Florence Drake Elementary School

    Public | PK - 6

  • 5

    Greenbrae Elementary School

    Public | PK - 6

  • 5

    Donner Springs Elementary School

    Public | PK - 6

  • 4

    Anderson Elementary School

    Public | PK - 6

  • 4

    Bailey Charter School

    Public | KG - 6

  • 4

    Smithridge STEM Academy

    Public | PK - 5

  • 4

    Agnes Risley Elementary School

    Public | PK - 6

  • 4

    Kate M. Smith Elementary School

    Public | PK - 6

  • 4

    Alice Maxwell Elementary School

    Public | PK - 6

  • 4

    Edwin S. Dodson Elementary School

    Public | PK - 6

  • 3

    Veterans Memorial STEM Academy

    Public | PK - 6

  • 3

    Libby C. Booth Elementary School

    Public | PK - 6

  • 3

    Roger Corbett Elementary School

    Public | PK - 6

  • 3

    High Desert Montessori Charter School

    Public | PK - 8

  • 2

    Glenn Duncan STEM Academy

    Public | PK - 5

Middle Schools 6
  • 9

    Coral Academy Charter School Secondary School

    Public | 6 - 12

  • 0

    Washoe Innovations High School

    Public | 6 - 12

  • 0

    E. Otis Vaughn Middle School

    Public | 7 - 8

  • 0

    Fred W. Traner Middle School

    Public | 6 - 8

  • 0

    Edward L. Pine Middle School

    Public | 6 - 8

  • 0

    Sparks Middle School

    Public | 7 - 8

High Schools 8
  • 10

    Academy of Art Careers and Technology

    Public | 9 - 12

  • 7

    Reno High School

    Public | 9 - 12

  • 6

    Earl Wooster High School

    Public | 9 - 12

  • 5

    Academy of Career Education Charter School

    Public | 9 - 12

  • 2

    Procter R. Hug High School

    Public | 9 - 12

  • 2

    Sparks High School

    Public | 9 - 12

  • 1

    Rainshadow Community Charter High School

    Public | 9 - 12

  • 0

    I Can Do Anything Charter High School

    Public | 9 - 12

School and business data provided by Attom Data.

Learn More About LPT Realty

William Grow
William Grow

Agent | License ID: S.0200013

+1(775) 413-1997 | bill.grow@lptrealty.com

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1870 Vassar ST ##4