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1055 Riverside Dr 2,247 SF Office Building Reno, NV 89503 $1,333,439 CAD ($593.43 CAD/SF)



Investment Highlights
- Located across the street from the Truckee River and Riverwalk District.
- Historic brick building in a prime location near Downtown Reno and Idlewild Park.
- Excellent visibility with strong pedestrian and vehicle traffic.
Executive Summary
Beautiful brick building built in 1926, offering timeless character and charm. One of the few standalone professional office/residential properties in the heart of downtown, this unique property combines historic appeal with modern updates. Recent upgrades include all new windows, a new electrical panel, new flooring, fresh interior paint, remodeled bathrooms, a new microwave, and freshly painted kitchen cabinets. The property also features a durable metal roof with a lifetime warranty, a newer gas boiler installed in 2019, and a new parking lot completed in 2020. An electric gate provides secure rear access. Ideally located directly across the street from the Truckee River and the scenic Riverwalk with miles of walking and biking paths, the property offers beautiful river views and convenient access to outdoor recreation. Situated on the Riverwalk and just minutes from Idlewild Park, this location provides an exceptional combination of downtown convenience and natural surroundings. Currently zoned for professional office use; however, the City of Reno has indicated the property may be eligible for conversion to residential use, offering excellent flexibility and potential. Buyer to verify with Washoe County.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,247 SF
Building Class
B
Year Built/Renovated
1926/2022
Price
$1,333,439 CAD
Price Per SF
$593.43 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,124 SF
Building FAR
0.34
Lot Size
0.15 AC
Zoning
Professional Office - Zoned Professional Office, can be converted to residential dwelling with a building permit
Amenities
- Kitchen
- Central Heating
- Natural Light
- Recessed Lighting
- Hardwood Floors
- Air Conditioning
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Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | 011-082-11 | Improvements Assessment | $53,703 CAD |
| Land Assessment | $70,185 CAD | Total Assessment | $123,888 CAD |
Property Taxes
Parcel Number
011-082-11
Land Assessment
$70,185 CAD
Improvements Assessment
$53,703 CAD
Total Assessment
$123,888 CAD
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1055 Riverside Dr
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