517 Evans Ave, Reno, NV 89512

For registration requirements and regulations, please review here or contact Jake Fleming | 949-401-9557 | [email protected].

Introducing a truly remarkable opportunity in downtown Reno! This unique industrial property offers a variety of features that set it apart from the rest. With a total assessment of 11,064 sq. ft., this property boasts a generous lot size of 0.48 acres, providing ample space for your business needs. But that's not all - this property comes with incredible added value. Included in the package are a free mezzanine spanning 1,000 sq. ft. and parking space totaling 10,000 sq. ft., valued at an extraordinary $420,000! The mezzanine and parking enhance the functionality and versatility of the property, accommodating additional storage and on-site parking solutions. The building also has a small 2nd story office at about 550 sq. ft.. The advantages continue as this building is attached to an extra 10,000 sq. ft., of which 7,000 sq. ft. can be subdivided and sold separately or used for expansion. This rare attribute in downtown Reno offers endless possibilities for development, bringing exceptional potential to your business goals. Amidst the various amenities, you'll find convenient access to a bus line, a fenced lot, floor drains, and air conditioning. The property's Multi Use Zoning Code (MUDR) grants flexibility for a variety of business ventures. Utilities such as natural gas, city water, and city sewer are readily available, providing hassle-free operations.

This property qualifies for a new redevelopment program for downtown Reno. The director of the program recently conveyed to the Seller that he is excited about the prospect of using the funds on this property primarily because of its location between UNR and the 4th Street restaurant bar district. The fund allows for a 50% reimbursement of funds spent on the exterior and interior of a restaurant or retail facility up to a max of $100,000. This property can also be included in an enterprise zone which conveys property tax credits and sales tax relief.

Don't let this opportunity slip through your fingers. Reach out today to discover the countless advantages this unique industrial property can offer your business.

· Non-Contingent

· Earnest Money Deposit is Greater of $20,000 OR 10% of the Purchase Price

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit

517 Evans Ave, Reno, NV 89512