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Washoe Medical Arts Center 890 Mill St 25,488 SF 84% Leased Office Building Reno, NV 89502 $5,072,112 ($199/SF)
Investment Highlights
- Owner-user opportunity — vacant second floor (±5,472 SF) ideal for occupancy with income from remaining f
- ±25,488 SF four-story medical office building
- $199 PSF
- Solar panels on-site
Executive Summary
Prime investment opportunity in the heart of downtown. Owner-user availability on floors one (1) & three (3).
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
25,488 SF
Building Class
B
Year Built/Renovated
1963/2019
Price
$5,072,112
Price Per SF
$199
Percent Leased
84%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,372 SF
Building FAR
0.89
Lot Size
0.66 AC
Zoning
MUWM - Reno-Mixed Use Washoe Medical Regional Center
Parking
88 Spaces (3.45 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- First Floor Space - Four (4) private offices - Private restroom - Kitchen
- First floor space - Three (3) private offices - Built-in reception desk
- Third floor space - Seven (7) private offices - Waiting room - Private restroom
- Third floor space - Three (3) exam rooms - Built-in Reception - Private restroom
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 100 | 1,268 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 101 | 726 SF | Office | - | Now |
| 3rd Fl-Ste 300 | 1,368 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 302 | 1,244 SF | Office | Full Build-Out | 30 Days |
1st Fl-Ste 100
| Size |
| 1,268 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 101
| Size |
| 726 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Fl-Ste 300
| Size |
| 1,368 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 302
| Size |
| 1,244 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
1st Fl-Ste 100
| Size | 1,268 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- First Floor Space - Four (4) private offices - Private restroom - Kitchen
1st Fl-Ste 101
| Size | 726 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
- First floor space - Three (3) private offices - Built-in reception desk
3rd Fl-Ste 300
| Size | 1,368 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
- Third floor space - Seven (7) private offices - Waiting room - Private restroom
3rd Fl-Ste 302
| Size | 1,244 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | 30 Days |
- Third floor space - Three (3) exam rooms - Built-in Reception - Private restroom
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Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 012-143-61 | Improvements Assessment | $676,351 |
| Land Assessment | $260,884 | Total Assessment | $937,235 |
Property Taxes
Parcel Number
012-143-61
Land Assessment
$260,884
Improvements Assessment
$676,351
Total Assessment
$937,235
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