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Executive Summary
This prime corner is a high-performance 2.34-acre assemblage in the heart of Downtown Reno, Nevada. Strategically positioned at the gateway between the Financial District and MidTown, this portfolio offers investors a rare combination of immediate, stabilized cash flow and exceptional long-term development upside. Diversi?ed & Stabilized Income: A fully stabilized, mixed-use asset generating a 2025 Net Operating Income (NOI) of $1,026,994.
• Strategic Five-Building Assemblage: Spanning 57,544 SF of built space, the site includes retail, office, multifamily, and specialty-use properties across four contiguous parcels
• Value-Add & Development Potential: Positioned for creative reimagining or high-density development in Reno’s most sought-after urban corridor totaling 2.34 acres.
• Unrivaled Connectivity: Nestled between Reno’s Financial District and the trendy MidTown area, with immediate access to courthouses, major entertainment venues, and the University of Nevada, Reno (UNR), serving over 20,000 students
• Strategic Five-Building Assemblage: Spanning 57,544 SF of built space, the site includes retail, office, multifamily, and specialty-use properties across four contiguous parcels
• Value-Add & Development Potential: Positioned for creative reimagining or high-density development in Reno’s most sought-after urban corridor totaling 2.34 acres.
• Unrivaled Connectivity: Nestled between Reno’s Financial District and the trendy MidTown area, with immediate access to courthouses, major entertainment venues, and the University of Nevada, Reno (UNR), serving over 20,000 students
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 65,433 SF |
| Number of Properties | 4 | Total Land Area | 3.46 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 65,433 SF |
| Total Land Area | 3.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
REDUCED!!! -DEVELOPMENT SITE WITH PLANS
0 California St, Reno, NV 89509 |
Land | 1.12 AC | - | - |
|
California Apartments
480 S Sierra St, Reno, NV 89501 |
Multifamily | 18,224 SF | 1940 | - |
| 449 S Virginia St, Reno, NV 89501 | Office | 29,373 SF | 1973 | - |
| 445 S Virginia St, Reno, NV 89501 | Office | 17,836 SF | 1942 | - |
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