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Sandy Ravens

Soli Ravens Team

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

$ 1,050,000

Est. payment -/mo

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Active

904 W 7th ST Street Reno, NV 89503

6,256 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,256 sqft

Price per Sqft $167

Subdivision Sunnyside Addition

MLS Listing ID 250052324

Year Built 1981

Annual Tax Amount $5,778

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 0.33

Property Sub-Type Office

Property Description

Welcome to 904 W 7th Street in Reno, NV—an exceptional opportunity to own a well-maintained, income-generating professional office building just minutes from downtown and the University of Nevada, Reno. Situated along the high-visibility Keystone corridor, this three-story property offers 6,258 square feet of finished space, including 4,172 square feet above grade and a 2,086 square foot finished basement. The building is professionally zoned (PO - Professional Office) and features 19 flexible office units, most of which are currently occupied by long-term tenants on month-to-month leases, generating a strong and stable income stream, with NOI of $114,000 in 2024 and a 10.86% cap rate.

Originally built in 1981, the building has been thoughtfully updated with modern mechanical systems, including electrical and plumbing upgrades, while maintaining its functional and efficient layout. The property offers excellent accessibility with wheelchair access, 24-hour entry, and air conditioning throughout. A rare find in the area, the site includes 27 paved parking spaces—roughly 4.3 spaces per 1,000 square feet—making it extremely convenient for tenants and visitors alike.

904 W 7th Street is positioned in one of Reno's most walkable districts with a Walk Score of 84, surrounded by coffee shops, restaurants, retail, and professional services. Its strategic location, just off the Keystone off-ramp, offers superb visibility and ease of access to I-80, making it ideal for owner-users, professional practices, or investors seeking a stable asset with upside potential.

Whether you're looking to establish your own office while benefiting from existing rental income, or you're seeking a solid addition to your investment portfolio, 904 W 7th Street combines location, cash flow, and long-term potential in one turnkey package. Offered at $1,050,000, this property is ready to support your business or investment goals from day one.

Location

State NV

County Washoe

Community Sunnyside Addition

Area Sunnyside Addition

Zoning PO

Direction Keystone

Rooms

Basement Finished

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Electric

Flooring Laminate

Fireplace No

Exterior

Parking Features Asphalt, Off Street, Parking Lot

Utilities Available Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Flat

Garage No

Building

Lot Description Level

Story 3

Foundation Full Perimeter

Water Public

Structure Type Stucco,Wood Siding

Others

Tax ID 006-124-13

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Compass

Sandy Ravens

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

+1(775) 848-4618

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