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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