12 W TAYLOR ST Reno NV 89509-1724

The asset consists of two converted SFR to office buildings. The site at 12 W Taylor is approximately 988 sq ft with a 988 sq ft basement, built in 1926 with recent improvements. The site at 22 W Taylor is approximately 824 sq ft with a 494 basement, built in 1926 with recent improvements. Both properties feature hardwood floors, original brick detailing, new kitchen cabinets, tile back splash, modern tiled showers, and fresh paint. Both buildings are currently fully leased to office tenants under Modified Gross leases. 12 W Taylor's lease expires on April 30, 2027, and 22 W Taylor's lease expires on February 28, 2029. Importantly, the 22 W Taylor lease does not include a renewal option. This provides an opportunity for a future owner to occupy one or both buildings upon lease expiration. The project is zoned MU-MC (Mixed Use MidTown Commercial). The zoning does allow for multifamily development. Attached vacant lot at 30 W. Taylor is also for sale, the lot is .081 acres and zoned mixed use.

Popular MidTown Submarket

Mixed Use- Office, Retail, Multifamily

Modern Renovations

Excellent opportunity to acquire two income-producing commercial buildings on a single parcel in the center of Midtown Reno—one of the city’s most desirable business districts with excellent walkability, visibility, and tenant demand.

12 W Taylor Street – A 988± SF office building currently leased to a long-term tenant through 2029 on a modified gross lease, with two additional options to extend.

22 W Taylor Street – A beautifully renovated 824± SF building (updated in 2017) leased through 2027 on a modified gross lease, also with two extension options.

Both properties are well maintained, fully leased, and benefit from their prime Midtown location surrounded by restaurants, coffee shops, retail, and professional services. This walkable, vibrant neighborhood continues to attract strong tenant interest, making this an excellent long-term investment.

Highlights:

Two commercial buildings totaling 1,812± SF on one parcel

Stable, long-term tenants at market rate with lease extensions in place

Modified gross lease structures

Excellent Midtown location with high walkability and visibility

Recently renovated interiors (2017)

Excellent Midtown location with high walkability and visibility

Stable, long-term tenants at market rate with lease extensions in place

Recently renovated interiors (2017)