Four-Story Medical Office in Downtown Available Now
Office | 25,488 SqFt
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Four-Story Medical Office Building for Sale | 890 Mill St., Reno, NV 89502
Seize a rare opportunity to acquire a premier medical office building in downtown Reno, Nevada. Located at 890 Mill St., this ±25,488 square foot, four-story property is strategically positioned in one of Northern Nevada's most active medical corridors — just steps from Renown's Downtown Medical Campus and minutes from St. Mary's Regional Medical Center.
An Ideal Owner-User or Investment Opportunity
Offered at $5,072,112 ($199/SF), 890 Mill St. presents a versatile acquisition for medical practitioners, healthcare groups, or investors. Owner-users can occupy the entire vacant second floor (±5,472 SF) while generating immediate rental income from existing tenants, including Labcorp, First Person Care Clinic, PPH, and Dr. Jempsa. With 81% occupancy and short-term leases in place, investors also have the flexibility to re-tenant and reposition for maximum returns.
Prime Downtown Reno Location
Situated on Mill St. with over 23,400 cars per day, this property offers exceptional visibility and accessibility in the heart of Reno's growing healthcare district. On-site solar panels help reduce operating costs, and ample surface parking supports high patient and employee traffic volumes.
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