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Investment Highlights

  • Centrally located within Reno's established industrial corridor.
  • Offered as an investment or owner-user opportunity
  • Configured for showroom, warehouse, light manufacturing, or service uses
  • Industrial zoning supports a variety of commercial operations

Executive Summary

1880 Prosperity Street presents an opportunity to acquire a single-story flex industrial asset in Reno's established Kietzke/Mill industrial area. The property is offered as an investment or owner-user opportunity. Its flexible configuration supports a variety of industrial and commercial uses, including showroom, light manufacturing, warehouse, and industrial service operations.
The building benefits from a central Reno location with convenient access to major transportation corridors serving the Reno-Sparks market. Reno continues to function as a key distribution, logistics, and business hub for Northern Nevada, supported by regional connectivity, a diverse employment base, and access to Interstate transportation routes. The property's industrial zoning, functional layout, and established location position it to serve a broad range of occupier and investor objectives.
Additional reported features include block construction, city utilities, natural gas service, and operational characteristics that support industrial occupancy. The combination of an infill location, flexible use potential, and accessibility within the Reno market creates a compelling opportunity for buyers seeking an industrial asset with existing occupancy and long-term utility.

Property Facts

Price $1,550,000
Price Per SF $359.13
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Showroom
  • Flex Light Manufacturing
  • Industrial Warehouse
  • Industrial Service
Building Class B
Lot Size 0.19 AC
Rentable Building Area 4,316 SF
No. Stories 1
Year Built 1978
Zoning I - Industrial Building is perfect for Owner/User.

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 4,316 SF
  • Flex
  • Full Build-Out
  • Now

Property for Lease – 1880 Prosperity Street, Reno, NV Position your business in this centrally located industrial building offering functional space and excellent accessibility. Zoned Industrial, this well-maintained block construction property features a new roof (2018) and is ideally suited for contractors, service businesses, light manufacturing, or warehouse users. The building is designed for operational efficiency, with two (2) 10’ x 10’ roll-up doors, one (1) 16’ x 9’ roll-up door, and four (4) man doors to support flexible access, loading, and workflow. A 12’ clear height provides practical vertical space for storage, equipment, or workspace needs. Strategically located just off Kietzke Lane between Mill Street and 2nd Street, the property offers immediate access to I-580 and I-80, with close proximity to Downtown Reno and Sparks. This central infill location allows tenants to efficiently service the entire Reno/Sparks market. This is an excellent opportunity for tenants seeking a clean, functional industrial space in a highly accessible and established commercial corridor.

Space Size Space Use Build-Out Available
1st Floor 4,316 SF Flex Full Build-Out Now

1st Floor

Size
4,316 SF
Space Use
Flex
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 4,316 SF
Space Use Flex
Build-Out Full Build-Out
Available Now

Property for Lease – 1880 Prosperity Street, Reno, NV Position your business in this centrally located industrial building offering functional space and excellent accessibility. Zoned Industrial, this well-maintained block construction property features a new roof (2018) and is ideally suited for contractors, service businesses, light manufacturing, or warehouse users. The building is designed for operational efficiency, with two (2) 10’ x 10’ roll-up doors, one (1) 16’ x 9’ roll-up door, and four (4) man doors to support flexible access, loading, and workflow. A 12’ clear height provides practical vertical space for storage, equipment, or workspace needs. Strategically located just off Kietzke Lane between Mill Street and 2nd Street, the property offers immediate access to I-580 and I-80, with close proximity to Downtown Reno and Sparks. This central infill location allows tenants to efficiently service the entire Reno/Sparks market. This is an excellent opportunity for tenants seeking a clean, functional industrial space in a highly accessible and established commercial corridor.

Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
012-201-02
Land Assessment
$48,778
Improvements Assessment
$47,619
Total Assessment
$96,397
  • Listing ID: 40071390

  • Date on Market: 4/8/2026

  • Last Updated:

  • Address: 1880 Prosperity St, Reno, NV 89502

Contact the Sale Advisor

1880 Prosperity St

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