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Investment Highlights

  • ±3,802 SF | ±0.5 AC | $893,470 ($235 PSF)
  • Newer roof and HVAC
  • Four (4) carports | Three (3) storage containers
  • MS Zoning: Maintenance/Repair/Manufacturing, General Office, Multifamily
  • Drive-around lot access | 2-car garage
  • Off North Virginia St. | Minutes to US-395

Executive Summary

Rare owner-user opportunity in North Reno with exceptional flexibility across three levels and a versatile MS zoning designation. The property at 145 Bailey Dr. sits just off North Virginia Street with convenient access to US-395, positioning it well for a range of business uses including maintenance/repair/manufacturing, general office, or multifamily conversion.
The ±3,802 SF multi-level building features a newer roof and HVAC, drive-around lot access, a two-car garage accessible from the yard, four (4) carports, and three (3) storage containers on site — providing significant covered storage and vehicle accommodation rarely found at this price point in the North Reno submarket.
The ±0.5-acre parcel (APN: 003-031-04) offers a well-developed footprint with room to operate, park, and grow. At $893,470 ($235 PSF), this is a compelling acquisition for an owner-operator seeking a functional, move-in-ready facility with long-term optionality.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,414 SF
Building Class
C
Year Built
1970
Price
$893,470
Price Per SF
$370.12
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,267 SF
Building FAR
0.11
Lot Size
0.50 AC
Zoning
MS - MS Zoning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
003-031-04
Land Assessment
$32,017
Improvements Assessment
$38,537
Total Assessment
$70,553
  • Listing ID: 40756347

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 145 Bailey Dr, Reno, NV 89506

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