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Bldg 1 350 Capitol Hill Ave 11,629 SF 46% Leased Office Building Reno, NV 89502 $2,750,000 ($236.48/SF)
Investment Highlights
- Full kitchen/breakroom
- Conference rooms
- Restrooms/showers
- Private offices
- Laundry room
- Front desk/waiting area
Executive Summary
Centrally located in Reno’s Mid-town District, this commercial property has traditionally been occupied by Veterans Affairs Support and a small church. The VA will be vacating the property by August of 2026 and the church is on a month-to-month lease. The property is in good condition with no major CapEx requirements nor issues that are visible by walk-through.
Building A 6,263 SF
Building B 2,738 SF
Building C 2,628 SF
Building D 5,000 SF Storage and 52,000 SF Lot with 74 Parking Spaces
Building A 6,263 SF
Building B 2,738 SF
Building C 2,628 SF
Building D 5,000 SF Storage and 52,000 SF Lot with 74 Parking Spaces
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
11,629 SF
Building Class
C
Year Built
1960
Price
$2,750,000
Price Per SF
$236.48
Percent Leased
46%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,629 SF
Building FAR
0.24
Lot Size
1.09 AC
Opportunity Zone
Yes
Zoning
GC
Parking
74 Spaces (6.36 Spaces per 1,000 SF Leased)
1 1
Very walkable
80/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 013-411-20 | Improvements Assessment | $105,330 |
| Land Assessment | $160,751 | Total Assessment | $266,081 |
Property Taxes
Parcel Number
013-411-20
Land Assessment
$160,751
Improvements Assessment
$105,330
Total Assessment
$266,081
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Contact the Sale Advisor
Bldg 1 | 350 Capitol Hill Ave