25 La Rue Ave
Reno, NV 89509
Retail Property For Sale
Investment Highlights
- Mid-town Location
- Multiple Sources of Income
- Corner Lot
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
About 25 LA RUE AVE , RENO, NV 89509
Location, Location, Location. One of best Midtown locations on the Corner of S. Virginia & La Rue! Only a block from St. James Basserie, Midtown Eats, Two Chicks and Junkee Clothing Exchange. This 3rd of an Acre Corner lot has lots of potential. Build a New Infill project such as a Mixed-use Development or generate income from current structures (market, church & billboard) on property. The property is located within a mile from downtown financial and gaming districts. Property being sold As-Is condition. Th market has a 5 year rental agreement and Church as a year lease until the end for 2018, but can be negotiated. Billboard has a yearly lease but the new buyer can re-negotiate the contract. Current rental rates are far below market value. Please contact Katrina Karlsson (775) 336-6718 or John Oliver (775)544-6615 for more information on the current rental/lease agreements. Please email all offers &/or inquires to katrina.karlsson@cbselectre.com
Property Taxes
| Parcel Number | 011-331-06 | Improvements Assessment | $58,777 |
| Land Assessment | $153,748 | Total Assessment | $212,525 |
Property Taxes
