Remarks

Owner carry available, see disclosures for details Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, July 15th, 2025 at 2 PM (cst) | BIDDING CLOSING: Wednesday, July 23rd, 2025 at 2 PM (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. ONLINE ONLY!!! Exceptional opportunity to purchase a multi-purpose office building in a high-visibility area! This 1.5 story commercial property features 6 units and has previously served as a medical office, with a special permit allowing for upper-level residential use. This property is perfect for owner-occupants or mixed-use investors.  Owner carry available, see disclosures for details Large lot - 84,148 sq/ft. Property type: Office 1.5 stories with vaulted ceilings Open interior layout   Current configuration: 6 total units Four brand-new office suites and an upstairs apartment  Two suites are contiguous and could be combined into a larger space, with existing architectural and mechanical plans for a medical office layout  Individually controlled HVAC systems in all suites Additional HVAC units for common areas anf the unfinished upstairs apartment  2+ bathrooms Covered drive-through entrance (porte cochere) Large paved parking lot  Carpet and tile flooring throughout  Stone tile accent along the building's exterior New fire suppression system, including the porte cochere and 6" fire main Fully sprayed under-roof insulation  Newly sewer system, from interior lines to street connection Brand-new commercial entry and exit doors to common areas New water well and pump system dedicated to exterior landscaping Special permit granted for upper-level apartment use Located near ongoing commercial development, including a brand-new YMCA under construction and a new hotel opening soon Don't miss your chance to invest in this commercial property with strong potential for professional, medical, or mixed-use occupancy! Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, July 15th, 2025 at 2 PM (cst) | BIDDING CLOSING: Wednesday, July 23rd, 2025 at 2 PM (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. Seller would consider seller financing of the transaction. Terms to include: Buyer to pay 20% of the purchase price at closing. The remaining balance financed at a rate of 6% fixed, amortized over a period of 25 years with a balloon payment at the end of the third year. Buyer is required to make monthly payments. The first to be determined by seller and buyer prior to closing. Buyer to execute the appropriate promissory note and mortgage.  *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $20,000 for 30 day closing or $30,000 for 45 day closing.

Details

MLS#: 657330
Price: $0

Style: Office
Sq Ft: 8146
Year Built: 1982

County: Reno
Tax Fee: 26362.74