25 La Rue AveReno, NV 89509

For Sale
$2,150,000

High-potential mixed-use property, prime location.

Overview

Added:
Feb 3
Days on market:
39
This exceptional mixed-use property, located at 25 La Rue Avenue in Reno, Nevada's vibrant Midtown district, presents a compelling investment opportunity. Situated on a sizable 0.31-acre corner lot at the intersection of South Virginia Street and La Rue Avenue, this property offers unparalleled accessibility and visibility. The existing structures, totaling 4,402 gross square feet, are currently configured as a market, a church, and a billboard, generating immediate income potential. Built in 1968, the property is zoned MUMC, allowing for a wide range of commercial uses. Its strategic location provides easy access to major transportation arteries, including Interstates 580 and 80, ensuring high traffic flow and convenient access for customers and employees. The property is being sold "As-Is" with no repairs included, offering buyers the flexibility to renovate existing structures or develop new ones to suit their specific business needs. Priced at $2,150,000, or $488.41 per square foot, this property represents a significant value proposition in a highly sought-after location. The substantial lot size and flexible zoning provide ample room for expansion and future development, making it an ideal investment for entrepreneurs and developers alike. Don't miss this chance to acquire a thriving commercial property in the heart of Reno's dynamic Midtown area.

Property Details for 25 La Rue Ave

Property type
Other commercial real estate
Square Feet
4,402 SF
Year Built
1968
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.51639
Longitude
-119.809
25 La Rue Ave, Reno, Nevada

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25 La Rue Ave
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