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32306751
32306771

100 N Sierra St, Reno, NV 89501 For Sale

DW
S.0072655
CBRE - Reno
CBRE - Reno
LC
NV 0183267
CBRE Reno
Listed by CBRE - Reno, CBRE Reno
$9,000,000
1497 days on market
Updated 71 days ago

100 N Sierra Street

Details
APN 011-061-09
Property Type Retail, Office (+1)
Sub Type Restaurant, Traditional Office
Square Footage 55,626
Units 1
Tenancy Multi
Class A
Year Built 1957
Year Renovated 2020
Buildings 1
Stories 3
Lot Size (SqFt) 13,983
Zoning MD-RD - Reno Mixed Use Downtown Riverwalk District
Investment Type Owner/User
Occupancy Date 09/30/2025
Ownership Fenway Properties II LLC

For Sale - Three Story Mixed Use Building in the Heart of Downtown Reno

Marketing description

100 N Sierra is located on the heavily traveled corner of W. 1st Street and N. Sierra Street with excellent visibility and signage opportunities. This is the heart of the downtown business and entertainment district, the property is a short walk from a wide range of restaurant, retail and hotel amenities. The three-story mixed use building includes the Liberty Food & Wine Exchange owned and operated by local celebrity Chef Mark Estee on the 1st floor, along with Reno Axe & Social, a popular entertainment concept. The 2nd floor consists of four completely renovated modern office suites ranging from 1,535 SF to 5,019 SF. The 3rd floor totals 13,875 SF and is in shell condition and ready for improvements. 

The basement of the property is 100% occupied and includes a large-scale commercial kitchen to prep foods for Liberty Artisan Meats. A newly renovated passenger elevator provides access to all floors from a secured lobby

In addition, there is a freight elevator that provides access to all floors with easy alley access for loading. Parking for the building is located directly across the street in the City of Reno owned parking garage that consists of approximately 650 parking stalls, with more than ample availability during normal business hours. Parking agreements with the City of Reno can be secured for tenants of the building as well.

Investment highlights

  • Three story mixed use building with a finished basement
  • Tenants include:
  • Liberty Food & Wine Exchange
  • Reno Axe & Social
  • Claggett & Sykes Law Firm
  • The Agency
  • Reno Newspapers
  • J Packer Studio
  • In 2020 ownership completed major building renovations including: exterior paint & architectural features, new roof, new HVAC system, a fully renovated downstairs lobby, second floor specbuild outs & common area, 12 new windows added, canopy awnings, elevator upgrades, and LED exterior lighting

Listing Contacts

DW
S.0072655
CBRE - Reno
CBRE - Reno
LC
NV 0183267
CBRE Reno
Listed by CBRE - Reno, CBRE Reno

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