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$485,000
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Property Description
VACANT BUILDING....READY FOR BUILDING YOUR DREAM - Multi-Use Commercial Building in the Heart of Reno Charming and versatile, this 760 sq ft commercial space with an additional 760 sq ft unfinished basement offers endless opportunities for office, retail, salon, or studio use. Located just blocks from Midtown, this property benefits from high visibility and an unbeatable central Reno location. Features include: Flexible floor plan with open space, partial kitchen/breakroom, 1 bathroom, and cozy fireplace Additional storage or workshop space in the full basement Ample parking with a detached garage, additional rear parking, and fully fenced lot General Commercial zoning, allowing for a variety of business uses Situated within the City of Reno Opportunity Zone, offering potential tax advantages for investors Surrounded by revitalization and growth-including neighboring developments of new four-plexes-this property presents an excellent chance to establish or expand your business while investing in Reno's thriving core. - Enjoy NO Corporate Income Tax, NO Inventory Tax, NO Franchise Tax, NO Personal Income Tax, NO Inheritance Tax, NO Estate Tax, NO Unitary Tax, and NO Intangibles Tax.
Full Property Details
Full Property Details for 277 Vassar St
General
- Sold For: $485,000
- Taxes: $1,843
- Status: Closed
- Type: Commercial
- Source: 2502
- MLS ID: 250054751
- Added to Site: 300 day(s) ago
Business
- Name: The Lawn Salon
- Business Type: Other, Commercial, Retail, Professional/Office, Profes
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Flooring: Luxury Vinyl
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
- Other Features: No Common Area Facilities, Loading In Rear, Loading In Front, Free Standing, Fenced Storage, Breakroom
Parking
- Total Spaces: 10
- Parking Features: Alley Access, Accessible Parking, Additional Truck Parking, Concrete, Gated, Gravel, Off Site, On Site, On Street, Paved, Unpaved, Other
Location
- County: Washoe
- Subdivision: Terrace Tract
- Cross Streets: Wells Avenue
- Driving Directions: Wells Ave OR Virginia St to Vassar Street
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, ENERGY STAR Qualified Equipment
- Heating Type: ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Underground Utilities, Water Meter Installed
Structural Information
- Exterior Const.: Asbestos, Attic/Crawl Hatchway(s) Insulated, Blown-In Insulation, Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt, Pitched, Shingle
- Common Walls: No Common Walls
- Windows: Blinds, Double Pane Windows, Single Pane Windows, Vinyl Frames, Wood Frames
- Stories/Levels: 1
- Building Size: 1520
- Sq. Ft. Source: Assessor
- Year Built: 1940
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,751
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Landscaped, Level, Open Lot, Sprinklers In Front, Zero Lot Line
- Zoning: GC
- Fencing (Description): Back Yard, Front Yard, Full, Chain Link
Financial Considerations
- Price Per Sq. Ft.: $385.41
- Tax Amount: $1,843
- Terms: 1031 Exchange, Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Agent Owned
- APN: 014-072-10
Listed by Keller Williams Group One Inc., Michael McNamara (775) 287-4152
Sold by Coldwell Banker Select Mt Rose, Rodney Lee
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Schools
Schools serving 277 Vassar St
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Veterans Memorial Elementary School 1200 Locust Street, Reno, NV 89502 | K-5 | 0.2 mi |
E Otis Vaughn Middle School 1200 Bresson Avenue, Reno, NV 89502 | 6-8 | 0.6 mi |
Earl Wooster High School 1331 East Plumb Lane, Reno, NV 89502 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 277 Vassar St
Date
Details
Price
Change
Source
6/11/2026
Sold
$485,000
-17.21%
MLS
8/19/2025
Listed
$585,820
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
277 Vassar Street, Reno, NV 89502 (MLS# 250054751) is a Commercial property that was sold at $485,000 on June 11, 2026. Want to learn more about 277 Vassar Street? Do you have questions about finding other Commercial real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

