222 California Ave
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222 California Ave
8,300 SF 50% Leased Office Building Reno, NV 89509 £2,698,380 (£325/SF)
Investment Highlights
- Prime Downtown Reno location
- Excellent Owner/User & Investment Opportunity.
Executive Summary
Excellent Owner/User & Investment Opportunity. Prime Downtown Reno location, ripe with redevelopment and exceptional retail/restaurant nearby. Fifteen of the sixteen suites on the second story are currently occupied, generating ~ $34,250 annually. Floor plates total 4,150 SF. Basement, not included in SF, allows for additional storage and filing space. APN's 11-221-04 & 011-221-08 are both included in sale, which comes with 21+ parking stalls. Zoned MD-RD on .17 acres.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,300 SF
Building Class
C
Year Built
1960
Price
£2,698,380
Price Per SF
£325
Percent Leased
50%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
4,150 SF
Building FAR
1.11
Land Acres
0.17 AC
Zoning
MD-RD - Office use
Parking
21 Spaces (2.53 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (84)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £113,623 | |
Land Assessment | £79,289 | Total Assessment | £192,912 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£79,289
Improvements Assessment
£113,623
Total Assessment
£192,912
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222 California Ave
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