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Sandy Ravens

Soli Ravens Team

sandy.ravens@engelvoelkers.com +1(775) 848-4618

$ 615,000

Est. payment -/mo

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Price Dropped by $84K

1145 W 1st St. Reno, NV 89503

1,116 SqFt

UPDATED:

03/04/2025 06:12 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,116 sqft

Price per Sqft $551

Subdivision Nv

MLS Listing ID 240013682

Year Built 1932

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Commercial

Property Description

This elegant and historic 1,116 sq ft commercial building, includes a full finished basement with the same sq ft as the main building. There are 6-7 parking spaces within the fully fenced perimeter. The building is close to Midtown, downtown, weekend events, I-80 access and shopping. The interior is completely remodeled, including brand-new HVAC, new kitchen & appliances, new flooring, new bathroom fixtures and fresh landscaping. Seller is open to straight lease, lease option or owner financing discussions The owner is willing to finance the property for a sale price of $615,000 at 5% interest with monthly payments amortized over 30 years on a five-year note with a minimum of $50,000 down payment. This property is turn-key and ready for any investor or business owner with a vision. New attractive perimeter fencing with sliding lockable access to parking area. The basement is equipped with a 110/220 volt, 200 amp power sub-panel for the buyer's productivity needs. Upper level also includes 200 amp service.

Location

State NV

County Washoe

Zoning Gc

Interior

Interior Features Masonry, Sheet Rock

Heating Natural Gas, Central Refrig A/C, Forced Air

Flooring Ceramic Tile, Vinyl Tile

Exterior

Exterior Feature Brick

Fence Back, Front, Yes

Utilities Available City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed, City/County Water

Roof Type Composition/Shingle,Pitched

Total Parking Spaces 6

Building

Story 1 Story

Foundation Basement/Finished

Level or Stories 1 Story

Structure Type Masonry

Others

Tax ID 01004407

SqFt Source 1116

Special Listing Condition None

Listed by Alder Properties

Sandy Ravens

Private Office Advisor / License Partner / Broker | License ID: CA 02120074 | NV BS.145530

+1(775) 848-4618

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