Description
Recently renovated property located on a high-traffic corner at S. Wells Avenue and E. 2nd Street. This well-maintained asset offers straightforward ownership and long-term stability. The north building is leased to World of Smoke, a strong cash-flow retail operator with multiple Reno locations. The south building is occupied by Urban Barber Union, a locally owned and newly upgraded barbershop. Walkthroughs available upon request—please do not disturb the tenants.
Listing Details
- Cap Rate
6.02%
- Tenancy
Multi
- Space Type
industrial
- Sub Category
flex-space
- Sale Type
Investment Sale
- Date Listed
12/18/2025
- Net Operating Income
$63,262
- Parking Info
5 Spaces
- Building FAR
0.29
Property Specifics
- Property Name
701 E 2nd St
- Property Class
C
- No of Stories
1
- Year Built
1950
- Building Size
2,532 SF
- Lot Size
0.2 AC
- APN
012-072-24
- Zoning
MU - MIXED-USE URBAN
Property Amenities
Location Amenities
Airport
Commuter Rail


