516 Ryland ST Street Open House Save Request In-Person Tour Request Virtual Tour
Reno,NV 89502
OPEN HOUSE
Sat Aug 09, 12:00pm - 3:00pm
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,168 sqft
Price per Sqft $322
Subdivision Wells Addition
MLS Listing ID 250053841
Year Built 1932
Annual Tax Amount $2,058
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 0.08
Property Sub-Type Income
Property Description
Great opportunity to own a versatile mixed-use property in the heart of Reno's vibrant Downtown Riverwalk District! This property offers excellent flexibility for investors, entrepreneurs, or homeowners looking for a live-work option. Zoned for mixed-use, the space can function as residential multifamily or be converted into office or commercial use(subject to city approval). Prime location with endless potential.The property features two separate living units, making it ideal for multi-generational living, rental income, or owner-user scenarios. The upper unit offers two bedrooms and one fully remodeled bathroom, complete with modern fixtures, tile finishes a, and stylish updates throughout. The main living space is bright and welcoming, offering wood flooring, fresh paint, and thoughtful updates that blend comfort and functionality.Downstairs, the lower unit features a one-bedroom, one-bath layout with an additional bonus room, ideal for a home office, guest space, or creative studio. This unit also features tasteful improvements, contributing to the overall move-in-ready feel of the property.Exterior features include a recently installed patio cover, perfect for outdoor entertaining or relaxing on warm evenings, and a newer privacy gate in the backyard area for added security and functionality. A new roof was installed, offering peace of mind for years to come.Whether you're looking to add an income-producing asset to your portfolio or seeking a live/work scenario in one of Reno's most desirable downtown zones, this property presents a compelling opportunity.Don't miss your chance to own a property in a growing area with tons of walkability, visibility. Must see to appreciate the updates, layout, and possibilities this property provides. Schedule your showing today!
Location
State NV
County Washoe
Community Wells Addition
Area Wells Addition
Zoning Md-Rd
Direction Corner of Wheeler and Ryland
Interior
Interior Features Smart Thermostat
Heating Baseboard,Electric,Fireplace(s),Natural Gas,Varies By Unit
Cooling Central Air,Varies By Unit
Flooring Ceramic Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Laundry In Hall,Washer Hookup
Exterior
Exterior Feature None
Parking Features Common,Detached,Garage,Garage Door Opener,Varies by Unit
Pool None
Utilities Available Cable Available,Electricity Connected,Internet Available,Internet Connected,Natural Gas Connected,Phone Available,Sewer Available,Sewer Connected,Water Available,Water Connected,Cellular Coverage,Water Meter Installed,Varies By Unit
View Y/N No
Roof Type Composition,Pitched,Shingle
Porch Patio
Garage No
Building
Lot Description Corner Lot,Level
Story 2
Foundation Concrete Perimeter
Water Public
Structure Type Brick,Unknown
Schools
Elementary Schools Booth
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 013-011-25
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Virtual Tour https://my.matterport.com/show/?m=xdjNaVHpMkV&brand=0