NV > Reno > Wells Addition
Reno, NV 89502,516 Ryland ST Street
Reno, NV 89502,516 Ryland ST Street,Video Tour
Reno, NV 89502,516 Ryland ST Street
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$699,000
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2,168 SqFt
Open 8/9 12PM-3PM

516 Ryland ST Street Reno, NV 89502

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YourWayHome Team

YourWayHome Team

+1(303) 554-7652

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Sat Aug 09, 12:00pm - 3:00pm

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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

Listed by Redfin

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516 Ryland ST Street