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160/ 170 E Grove St

2 Retail Properties Offered at £1,291,043 in Reno, NV

Investment Highlights

  • Prime opportunity in heavily re-developed area
  • Excellent central location, just a few minutes to freeway entrance and Reno/ Tahoe International Airport
  • Flex Space, fully-fenced lot
  • Across the street from https://redreno.com/
  • Automotive, auto shop, mechanic shop, sand/ oil separator
  • Owner/ user

Executive Summary

The subject property, 160 & 170 E Grove St, is located .16 miles East off South Virginia St, Reno’s
main street. This excellent central location is just a few minutes travel time to Reno-Tahoe
International Airport. 160 E Grove St was originally built in 1952 (Concrete Block Construction)
and has a new roof as of 2019 and a rebuilt sewer main as of 2021. The 5,693 SF building is
currently leased and is a small neighborhood market. 170 E Grove St was built in 1986 (Concrete
Block Construction). The 3,220 SF building is currently leased and is an auto repair shop. Each
property sits on .241 acre parcels. This property has massive redevelopment potential with the
Reno Experience District (https://redreno.com/) being built directly across the street.

Property Facts

Price £1,291,043
Price / SF £176.37 / SF
Sale Conditions
Portfolio Sale
  • Development Sale
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,320 SF
Total Land Area 0.48 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
160 E Grove St, Reno, NV 89502 Retail 4,100 SF 1986 -
170 E Grove St, Reno, NV 89502 Retail 3,220 SF 1986 -
Show More > < Show Less
  • Listing ID: 24047621

  • Date on Market: 07/09/2021

  • Last Updated:

  • Address: 160/ 170 E Grove St, Reno, NV

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