OFFICE BUILDING FOR SALE

1121 University Terrace, Reno, NV 89503

  • For Sale $1,040,000
  • Property Type Office - General Office
  • Lot Size 18,295 SF
  • Building Class B
  • Date Updated Apr 27, 2024
Well located off Keystone Avenue in Northwest Reno with outstanding access to I-80 and residential housing, the University of Nevada and downtown Reno. The property was built in 1949 but was purchased by the current owner/occupant and completely remodeled in 2020. Extensive renovations to build it out as a design studio and office for a custom construction company were completed along with a new metal roof, new heating and plumbing, new garage door, new retaining wall in the rear, new security gate for the rear of the property, full interior renovation and an addition to the property. The structure is 2,289 SF and is situated on a 0.42 acre lot. The property is zoned Professional Office (PO). There is ample parking in the front of the property (6+ spaces) as well secured rear area for additional parking or storage. In addition, there is a finished 420 SF garage and a custom outdoor patio area.

Sale Note
With little available product in this submarket, this is an outstanding opportunity. Layout includes 3 private offices, conference area, main restroom, break area/kitchen, reception area with welcoming entry including a fireplace, and large open area currently utilized as a showroom. Layout can easily be adapted for other uses. The finishes are high-end and custom making this a must see property. In addition, there is storage area with an office and restroom. The outdoor area has been custom designed for an outdoor kitchen and covered patio seating. There is also an additional storage shed. Fixtures and equipment can be purchased. The property is ideal for construction trades, office users and buyers looking for a property with ability to add or redevelop. Lot is landscaped with grass and mature trees. The property has been very well cared for and is in great condition with exceptional curb appeal.

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Attachments

Contacts

broker

Melissa Molyneaux

Colliers

(775) 823-4674

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Reno, NV
  • Neighborhood West University
  • Zip Code 89503
  • Market Reno

Points of Interest

  • Idlewild Park Train Ride

    0.70 miles

  • Sky Tower, North Tram

    0.77 miles

  • Sky Tower, South Tram

    0.78 miles

  • Casino Tower, North Tram

    0.84 miles

  • Casino Tower, South Tram

    0.84 miles

  • Reno

    1.09 miles

  • AM PM

    0.09 miles

  • Maverick's

    0.48 miles

  • ChargePoint

    0.71 miles

  • ChargePoint

    0.84 miles

  • Jacksons

    0.85 miles

  • ChargePoint

    1.10 miles

  • Chevron

    1.55 miles

  • 7-Eleven

    1.65 miles

  • Zippy Mart

    1.73 miles

  • 7-Eleven

    1.75 miles

  • Plaza Parking Garage

    0.58 miles

  • Elm Street Parking Garage

    0.60 miles

  • Sixth Street Parking Garage

    0.74 miles

  • Silver 7

    0.79 miles

  • Handicap Parking

    0.79 miles

  • Yellow 2

    0.83 miles

  • Yellow 1

    0.86 miles

  • Metered Parking

    0.87 miles

  • Sierra Street Parking Complex

    0.87 miles

  • Jot Travis Parking Lot

    0.91 miles

  • Motel 6 Reno, NV - West

    0.36 miles

  • Desert Rose Inn

    0.53 miles

  • El Tavern Motel

    0.60 miles

  • Rancho Sierra Motel

    0.67 miles

  • Sunset Motel

    0.69 miles

  • Midtown Motel

    0.71 miles

  • Easy 8 Motel

    0.72 miles

  • Gatekeeper Inn

    0.74 miles

  • Seasons Inn

    0.77 miles

  • Lido Inn

    0.78 miles

  • Pizza Hut

    0.13 miles

  • Wendy's

    0.32 miles

  • Taco Bell

    0.44 miles

  • Beto's Mexican Food

    0.53 miles

  • Uchi Ramen

    0.63 miles

  • 101 Taiwanese Cuisine

    0.63 miles

  • Sushi Lover

    0.64 miles

  • Golden Flower Vietnamese Restaurant

    0.76 miles

  • GourMelt

    0.77 miles

  • Capriotti's Sandwich Shop

    0.81 miles

  • High Desert Montessori School

    0.23 miles

  • Nevada Wolf High School

    0.35 miles

  • Rainshadow Community Charter High School

    0.51 miles

  • Elmcrest Elementary School

    0.54 miles

  • Peavine Elementary School

    0.57 miles

  • Saint Albert the Great Elementary School

    0.76 miles

  • University of Nevada, Reno

    0.80 miles

  • Archie Clayton Middle School

    0.86 miles

  • Archie Clayton Middle school

    0.90 miles

  • Reno Christian Academy

    0.97 miles

  • Noah's Ark Child Care Center

    0.53 miles

  • Boys & Girls Club of Truckee Meadows

    2.73 miles

  • E L Cord Foundation Child Care Center

    3.23 miles

  • A Bug In A Rug Learning Center

    4.53 miles

Frequently Asked Questions

What is the lease rate for OFFICE BUILDING FOR SALE?

Rental asking rate at OFFICE BUILDING FOR SALE is $520,000.00/YR.

What is the total square footage of OFFICE BUILDING FOR SALE?

OFFICE BUILDING FOR SALE totals 2,289 square feet.

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Contact Listing Broker

broker

Melissa Molyneaux

Colliers

(775) 823-4674