248 W 1st St
Reno, NV 89501
Property For Lease · 22,999 SF

248 W 1st Street is an opportunity to lease a retail space below a multifamily building in the heart of Downtown Reno. The last remaining retail space in the building is a second-floor mezzanine suite comprising 2,400 square feet. Providing the opportunity to cater the space to a tenant's need, the available unit is filled with floor-to-ceiling windows and ample power solutions for a business to provide their lighting. This stunning suite is enhanced with a new electrical panel, generic convenience outlets throughout, and a surface-mounted conduit. There is one ensuite bathroom that was recently completed. 248 W 1st Street has two new HVAC units mounted on the roof above the mezzanine space, and the duct is funneled through the concrete ceiling in each unit. There are no additional distribution ducts in the space. On the two upper levels above the retail suites, the building features 28 apartment units. Find this mixed-use property at a highly accessible location in Downtown Reno. 248 W 1st Street conveniently reaches the Interstate 580, 80, and the 395 and 659 Freeways that travel throughout the greater Reno area. The retail destination is strategically located in Downtown Reno, where many flock to the Reno Aces, Circus Circus, the Reno Events Center, and much more. The property is in proximity to local amenities in the Meadowood Submarket, including Walmart Supercenter, Sam's Club, Nordstrom Rack, Best Buy, and The Cheesecake Factory. This well-maintained building is one mile from The University of Nevada, Reno, with a student body of over 21,778 students.