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FOR SALE- PRICED UNDER APPRAISAL 1535-1609 Vassar St 46,456 SF 100% Leased Retail Building Reno, NV 89502 $6,900,000 ($148.53/SF)
INVESTMENT HIGHLIGHTS
- JUST REDUCED - Priced under appraisal!
- 41,256 SF Retail Center Includes two standalone buildings— one equipped with a drive-thru!
- Great Traffic area
EXECUTIVE SUMMARY
Johnson Group Commercial is pleased to present a rare investment opportunity: the Town and Country Center, a well-established retail center with upside located in Reno NV close to the vibrant Midtown District. Whether you’re looking to expand your investment portfolio or capitalize on Reno’s booming real estate market, the Town and Country Center offers steady cash flow, location-driven value, and long-term upside. Contact Johnson Group Commercial today for more informa on, financials, or to schedule a private tour. PRICED UNDER APPRAISAL!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
46,456 SF
Building Class
C
Year Built
1956
Price
$6,900,000
Price Per SF
$148.53
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
4.16 AC
Zoning
GC - Commercial
Parking
287 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
311’ on Vassar St
AMENITIES
- Pylon Sign
- Signage
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 013-260-06 | Improvements Assessment | $532,307 |
| Land Assessment | $793,170 | Total Assessment | $1,325,477 |
PROPERTY TAXES
Parcel Number
013-260-06
Land Assessment
$793,170
Improvements Assessment
$532,307
Total Assessment
$1,325,477
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FOR SALE- PRICED UNDER APPRAISAL | 1535-1609 Vassar St
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