Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,750,000

  • For Sale
  • Active
  • Retail
See This Home
Save This Home
See This Home
Save This Home
Welcome to 120 Thoma Street. Conveniently located in the heart of Midtown Reno, this retail/residential commercial investment contains 5 retail tenants and 4 residential apartments. Retail and multifamily; enjoy and capture the income of these different types of spaces all under 1 roof. Off street parking, large monument sign, murals surrounding building, and so much more benefits provided by this property.

Full Property Details for 120 Thoma St

General

  • Price: $2,750,000
  • Taxes: $4,275
  • Status: Active
  • Type: Retail
  • Source: 2502
  • MLS ID: 240002529
  • Updated: 5/28/2025
  • Added to Site: 459 day(s) ago

Business

  • Business Type: Retail

Interior

  • Flooring: Carpet, Ceramic Tile, Laminate, Tile, Vinyl

Additional Information

  • Security/Safety: Security Lights, Security System
  • Other Features: Restrooms, Fenced Storage, Common Restroom(s)

Parking

  • Total Spaces: 8
  • Parking Features: Alley Access

Location

  • County: Washoe
  • Subdivision: New Southside Addition
  • Driving Directions: Virginia/Center/Thoma

Community

  • Assoc. Fees Include: Electricity, Gas, Insurance, Maintenance Structure, Water, Real Estate Tax

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Evaporative Cooling, Wall/Window Unit(s)
  • Heating Type: Hot Water, Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

  • # Buildings: 1
  • Exterior Const.: Brick
  • Roof: Flat
  • Windows: Metal Frames, Single Pane Windows
  • Stories/Levels: 3
  • Building Size: 9250
  • Sq. Ft. Source: Assessor
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,013.16
  • Frontage: Public
  • Street/Road Desc.: Paved
  • Road Maintenance: Public Maintained Road
  • Lot Features: Landscaped
  • Zoning: MU-MC
  • Fencing (Description): Front Yard, Chain Link, Fenced

Financial Considerations

  • Price Per Sq. Ft.: $297.3
  • Tax Amount: $4,275.32
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • APN: 1123401

Listed by Marmot Properties, LLC, Tyler Rogers (775) 515-2744 and Marmot Properties, LLC, Batuhan Zadeh (775) 313-1544

Quickly Find Out More

* Indicates a required field

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking SUBMIT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.

We Value Your Privacy

Listing agents

— 120 Thoma St —

  • Tyler Rogers

    Marmot Properties, LLC

  • Batuhan Zadeh

    Marmot Properties, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 120 Thoma St

School District:Washoe County School District
RatingNameGradesDistance
4
Libby Booth Elementary School
1450 Stewart St, Reno, NV 89502
PK-60.7 mi
2
Vaughn Middle School
1200 Bresson Ave, Reno, NV 89502
7-80.9 mi
4
Wooster High School
1331 E Plumb Ln, Reno, NV 89502
9-121.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 120 Thoma St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2025
Price Reduced
$2,750,000
-1.79%
MLS
3/12/2024
Listed
$2,800,000
55.56%
MLS
9/23/2022
Sold
$1,800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 120 Thoma St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,040
9%
$154,083
11%
2023
$4,614
8%
$138,927
17%
2022
$4,275
8%
$118,361
10%
2021
$3,960
—
$107,884
—
2021
$3,960
17%
$107,822
9%
2019
$3,390
4%
$98,470
4%
2018
$3,254
4%
$94,632
3%
2017
$3,120
3%
$91,538
1%
2016
$3,035
—
$90,439
1%
2015
$3,038
4%
$89,949
13%
2014
$2,932
—
$79,350
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 120 Thoma St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Marmot Properties, LLC, Tyler Rogers (775) 515-2744 and Marmot Properties, LLC, Batuhan Zadeh (775) 313-1544

Just Listed near 120 Thoma St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5492 Woods Dr, Sun Valley, NV 89433 - Photo 1 Just Listed
$339,900

5492 Woods Dr  Sun Valley, NV 89433

  • Mobile Home
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,152
    Sq. Ft.
Listed by Ferrari-Lund Real Estate Reno, Liliana Loera
6140 Dutch Flat Rd, Sun Valley, NV 89433 - Photo 1 Just Listed
$249,900

6140 Dutch Flat Rd  Sun Valley, NV 89433

  • Mobile Home
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,708
    Sq. Ft.
Listed by RE/MAX Gold, Brian Kincannon and RE/MAX Gold, Tammy Kincannon
530 E 2nd Ave, Sun Valley, NV 89433 - Photo 1 Just Listed
$505,000

530 E 2nd Ave  Sun Valley, NV 89433

  • Mobile Home
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,184
    Sq. Ft.
Listed by Ferrari-Lund R.E. Sparks, Carlos Armendariz and Ferrari-Lund R.E. Sparks, Taalut Boisson
3725 El Rancho Dr, Sun Valley, NV 89433 - Photo 1 Just Listed
$399,000

3725 El Rancho Dr  Sun Valley, NV 89433

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,707
    Sq. Ft.
Listed by Keller Williams Group One Inc., MD Maksudur Rahman and Keller Williams Group One Inc., Shauna McArthur

Price Reduced near 120 Thoma St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5861 Applegate Dr, Sun Valley, NV 89433 - Photo 1 Price Reduced
-$14,000 (-3.69%)
$365,000

5861 Applegate Dr  Sun Valley, NV 89433

  • Mobile Home
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,632
    Sq. Ft.
Listed by Haute Properties NV, Richard Menchel
6485 Oneida Ct, Sun Valley, NV 89433 - Photo 1 Price Reduced
-$4,900 (-1.23%)
$395,000

6485 Oneida Ct  Sun Valley, NV 89433

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 904
    Sq. Ft.
Listed by Ferrari-Lund Real Estate Reno, Christian Reviglio
7962 Flint Springs Dr, Sun Valley, NV 89433 - Photo 1 Price Reduced
-$1,000 (-0.18%)
$569,000
Open House

7962 Flint Springs Dr  Sun Valley, NV 89433

  • Single Family
  • Active
  • Updated 11 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,028
    Sq. Ft.
Listed by JMG Real Estate, Angelica Reyes and JMG Real Estate, Alfyn Gestoso
1795 Dream Catcher Ct, Sun Valley, NV 89433 - Photo 1 Price Reduced
-$9,000 (-1.67%)
$530,000
Open House

1795 Dream Catcher Ct  Sun Valley, NV 89433

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 1,860
    Sq. Ft.
Listed by RE/MAX Gold, Dina Parkhouse

Recent Sales near 120 Thoma St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

750 Brown St, Reno, NV 89509 - Photo 1 Sold
$3,000,000

750 Brown St  Reno, NV 89509

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 6,692
    Sq. Ft.
Listed by Dickson Realty - Caughlin, Kimberly Brodie
Sold by Dickson Realty - Damonte Ranch, Cathy Lancaster
2775 W Lake Ridge, Reno, NV 89519 - Photo 1 Sold
$3,080,000

2775 W Lake Ridge  Reno, NV 89519

  • Single Family
  • Closed
  • 3
    Beds
  • 5
    Total Baths
  • 4,032
    Sq. Ft.
Listed by Chase International-Damonte, Rasa Waldron
Sold by BHG Drakulich Realty, Bryan Drakulich
915 University Green Ct, Reno, NV 89512 - Photo 1 Sold
$2,695,000

915 University Green Ct  Reno, NV 89512

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,820
    Sq. Ft.
Listed by RE/MAX Gold, Stacey Berger and RE/MAX Gold, Carrie Kester
Sold by RE/MAX Gold, Carrie Kester
6161 Triple Crown Dr, Reno, NV 89511 - Photo 1 Sold
$2,649,900

6161 Triple Crown Dr  Reno, NV 89511

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,348
    Sq. Ft.
Listed by BHG Drakulich Realty, Bryan Drakulich
Sold by Sierra Nevada Properties-Reno, Lindsey Leonis

120 Thoma Street, Reno, NV 89501 (MLS# 240002529) is a Retail property. 120 Thoma Street is currently listed for $2,750,000 and was received on March 12, 2024. Want to learn more about 120 Thoma Street? Do you have questions about finding other Retail real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

Tour this property