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904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
904 W 7th Street
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$1,050,000

904 W 7th Street

6,256 Sq.Ft.

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.

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Location

904 W 7th Street, Reno, NV 89503

Status

For Sale
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 904 W 7th Street, Reno, NV 89503. We are reviewing your request and will be in touch shortly!
Cole Mizak

Cole Mizak

TITLE

Founder | Team Lead | Luxury Real Estate Agent

Property Amenities

Interior
Flooring Carpet, Laminate
Area & Lot
Lot Area 0.33 Acres
Living area 6,256 Sq.Ft.
MLS® ID 250052324
Year Built 1981
Type Commercial
Status For Sale
Exterior
Stories 3
Air conditioning Electric
Heat type Electric, Forced Air, Natural Gas
Water Source Public
Security Features Fire Escape
Sewer Public Sewer
Parking Asphalt, Off Street, Parking Lot
Lot Features Level
Roof Flat
Utilities Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected, Cellular Coverage, Water Meter Installed
Finance
Sales Price $1,050,000
Real Estate Tax $5,778 yearly

Work With Cole

Cole’s mission is to elevate the real estate experience for his clients. He is a long-time Lake Tahoe local and luxury home expert who has developed innovative strategies to provide his clients with an unmatched, bespoke level of service, attention, and support.