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60 Grove - 60 E Grove St

0.24 Acres of Commercial Land Offered at $395,000 USD in Reno, NV 89502

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Investment Highlights

MU Zoning

Opportunity Zone

Executive Summary

Some potential uses include:
- Medical Office
- Bar, lounge, or tavern
- General Office
- Indoor Manufacturering
- Maintenance, repair, or renovation business
- Restaurant (w/ alcohol)
Located in Opportunity Zone

60 E. Grove St. - Sale Flyer

Property Facts

Price	$395,000 USD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Industrial Mixed Use Bar Convenience Store Healthcare Industrial Live or Work Unit Medical Warehouse
No. Lots	1	Total Lot Size	0.24 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$395,000 USD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial Mixed Use Bar Convenience Store Healthcare Industrial Live or Work Unit Medical Warehouse
Total Lot Size	0.24 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$395,000 USD	Lot Size	0.24 AC
Price Per AC	$1,645,833 USD

Price	$395,000 USD
Price Per AC	$1,645,833 USD
Lot Size	0.24 AC

- 0.241 AC - MU-Zoning - Available Power: 3Phase, 120/208V

Description

- Available Power: 3Phase, 120/208V - MU Zoning - In Opportunity Zone

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Walk Score ®

Very Walkable (87)

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PROPERTY TAXES

Parcel Number	020-011-23	Improvements Assessment	$10,300 USD
Land Assessment	$58,800 USD	Total Assessment	$69,100 USD

PROPERTY TAXES

Parcel Number

020-011-23

Land Assessment

$58,800 USD

Improvements Assessment

$10,300 USD

Total Assessment

$69,100 USD

zoning

Zoning Code	MU
MU

(775) 386-9727

Contacts

Michael Keating, SIOR
Mike Dorn
Logic Commercial Real Estate

Listing ID: 30053222
Date on Market: 11/14/2023
Last Updated:
Address: 60 Grove, Reno, NV 89502

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