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242 W Liberty St 3,437 SF 100% Leased Office Building Reno, NV 89501 $1,200,000 ($349.14/SF)
Executive Summary
242 W Liberty Street and 418 Flint Street are a striking set of
Victorian buildings in the heart of downtown Reno, just 0.4 miles
from the city’s core. Built in 1916 and fully renovated in 2016, the
±0.15-acre property carries MD-RD zoning and a spot on the
historic registry.
The multi-tenant layouts includes private treatment rooms, a
reception area, and a separate lounge and kitchen, with each room
individually plumbed for water. It’s a flexible setup built for spa,
salon, wellness, medical, or professional office use.
With I-80 just half a mile away and Reno-Tahoe Airport a 10-minute
drive, this is a rare chance to own a one-of-a-kind asset in one of
Reno’s most sought-after neighborhoods.
Victorian buildings in the heart of downtown Reno, just 0.4 miles
from the city’s core. Built in 1916 and fully renovated in 2016, the
±0.15-acre property carries MD-RD zoning and a spot on the
historic registry.
The multi-tenant layouts includes private treatment rooms, a
reception area, and a separate lounge and kitchen, with each room
individually plumbed for water. It’s a flexible setup built for spa,
salon, wellness, medical, or professional office use.
With I-80 just half a mile away and Reno-Tahoe Airport a 10-minute
drive, this is a rare chance to own a one-of-a-kind asset in one of
Reno’s most sought-after neighborhoods.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,437 SF
Building Class
C
Year Built/Renovated
1916/2016
Price
$1,200,000
Price Per SF
$349.14
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,500 SF
Building FAR
0.53
Lot Size
0.15 AC
Zoning
MURD - Mixed Use/Riverwalk District
Parking
3 Spaces (0.87 Spaces per 1,000 SF Leased)
Exceptionally walkable
90/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 011-181-14 | Improvements Assessment | $52,103 |
| Land Assessment | $60,158 | Total Assessment | $112,261 |
Property Taxes
Parcel Number
011-181-14
Land Assessment
$60,158
Improvements Assessment
$52,103
Total Assessment
$112,261
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