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$3,250,000 -$305,900 (-8.6%) Price Reduced
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Property Description
Two Coworking Space Office Buildings (Business may or may not be included) Motivated Seller! This property is two buildings and two separate addresses on the same lot and totals 13,201 sq. feet. That is uncommon and very valuable if you use it properly. 42 parking spaces, and about half are behind a fenced and gated lot. Includes a fully insulated and finished 1150 Sq. Ft. garage with double garage doors and high ceilings included in the square footage. In 2010, the traffic count was 26,000-28,000 cars a day. Our population is much larger now. So, the location is excellent for business visibility and easy to get to. I-80 and Vista Blvd is 1.1 miles away. This property is located between Vista and Sparks Boulevard on E. Prater Way. Tahoe Reno Industrial Center is 15 miles away to the east. Our nearest neighbor to the west is the Sparks Police Department. The buildings are well lit at night so crime and vagrancy have been non-existent. Building can come with all or none of the furnishings. It can come with or without the existing business and tenants. All are short-term leases or memberships. Write your offer based on what you need. If you'd like to continue the Coworking Center, in Sparks, businesses are only allowed to have one business license at their residence. So, whenever someone applies to add a second business, this is the option that allows them to affordably add another business. It serves as their business address and they also have access to conference rooms, copiers, and an Executive Office to meet new clients, etc... In short, the business helps them look good while they grow too. This property is home to the only real Coworking center in Sparks and business is growing every week because it is a great option in the area and has been around since 2019. Visitors, Guests and Members say that the center is the most comfortable and unlike any other Coworking center they've ever been to. They do seminar events, trainings and art shows that bring in the public for networking events for their Members and business. You can buy this property and move your business here and do the same things or be creative and expand it more. Professional architect design plans and permits started to add a fun local coffee bar with a loft area and extra bathrooms to the front building which come with the sale. Opening up this additional space would get you another 4-6 office spaces, loft space and more revenue from events and workshops and cafe income. The two buildings are linked by a fiber optic network and a 2 Gigahertz Mesh WiFI network that covers the whole property for non-interrupted WiFi as you navigate about the campus. The property was professionally painted just in the last two years. Roof is in great shape. All the skylights are leak free. There's even a full kitchen with a rear patio BBQ area. The price includes desks, stationary, copiers, large matrix copiers and scanners, snow blower, mop bucket, dishes, artwork, everything you need to just step in, move your business here and enjoy the revenue from the Members while you grow your business and expand. The rear building and part of the front building is also wired for a robust camera system for security. Come take a private tour. This property is unique and gets more amazing the more you walk thru it. Call Now and set the appointment. It's an amazing space. Call Now!
Full Property Details
Full Property Details for 1929 E Prater Way
General
- Price: $3,250,000
- Taxes: $24,738
- Status: Active
- Type: Office
- Source: 2502
- MLS ID: 250056219
- Updated: 2/12/2026
- Added to Site: 143 day(s) ago
Business
- Name: The Ant Space
- Business Type: Other, Professional/Office, Professional Service
- Seating Capacity: 250
Interior
- Flooring: Carpet, Stone, Tile, Varies
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Fire Alarm, Fire Escape, Fire Sprinkler System, Keyless Entry, Security Fence, Security Gate, Security Lights, Smoke Detector(s)
- Other Features: Shelving, Public Restroom(s), Private Restroom(s), Meeting Room(s), Fenced Storage, Enclosed Storage, Drive-In Loading, Common Restroom(s), Breakroom
Parking
- Total Spaces: 42
- Parking Features: Accessible Parking, Asphalt, Gated, Gravel, Lighted, Off Street, On Site, Parking Lot, Paved
Location
- County: Washoe
- Cross Streets: Sparks Boulevard or Vista Boulevard
- Driving Directions: East Prater Way Eastbound Between Sparks Blvd. & Vista Blvd.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, ENERGY STAR Qualified Equipment, Refrigerated
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Centralized Data Panel, Underground Utilities, Water Mete
Structural Information
- # Buildings: 2
- Builder: The Ant Space
- Exterior Const.: Asphalt, Blown-In Insulation, Ducts Professionally Air-Sealed, Foam Insulation, Vertical Siding, Wood Siding, See Remarks
- Roof: Composition, Metal, Pitched, Shingle
- Common Walls: No Common Walls, No One Above, No One Below
- Windows: Double Pane Windows, Low-Emissivity Windows, Skylight(s), Vinyl Frames
- Stories/Levels: 2
- Building Size: 13201
- Sq. Ft. Source: Assessor
- Year Built: 2007
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Dimensions: 300' x 145'
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
- Zoning: PO
- Fencing (Description): Back Yard, Barbed Wire, Chain Link, Cross Fenced, Fenced
Financial Considerations
- Price Per Sq. Ft.: $246.19
- Tax Amount: $24,738.87
- Terms: 1031 Exchange, Cash, Conventional, Owner May Carry 2nd
Disclosures and Reports
- APN: 3735002
Listed by Atlas Red Realty, Allan Zane (775) 772-8638
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Schools
Schools serving 1929 E Prater Way
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Marvin Moss Elementary School 2200 Primio Way, Sparks, NV 89434 | K-5 | 0.8 mi |
Lou Mendive Middle School 1900 Whitewood Drive, Sparks, NV 89434 | 6-8 | 0.7 mi |
Edward C Reed High School 1350 Baring Boulevard, Sparks, NV 89434 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1929 E Prater Way
Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$3,250,000
-8.6%
MLS
9/23/2025
Listed
$3,555,900
127.94%
MLS
9/06/2019
Sold
$1,560,000
—
Public Record
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
Tax History for 1929 E Prater Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$26,057
5%
$711,745
-1%
2024
$24,739
8%
$716,619
8%
2023
$22,907
8%
$664,731
15%
2022
$21,211
3%
$579,294
3%
2021
$20,682
—
$564,861
-2%
2021
$20,682
3%
$579,283
6%
2019
$19,986
—
$545,894
—
2018
$19,959
-1%
$545,158
-1%
2017
$20,258
-1%
$553,319
-1%
2016
$20,373
-1%
$556,451
-1%
2015
$20,608
—
$562,779
—
2014
$20,567
—
$561,586
—
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
Estimate the Cost for 1929 E Prater Way
1929 E Prater Way, Sparks, NV 89434 (MLS# 250056219) is a Office property. 1929 E Prater Way is currently listed for $3,250,000 and was received on September 24, 2025. Want to learn more about 1929 E Prater Way? Do you have questions about finding other Office real estate for sale in Sparks? You can browse all Sparks real estate or contact a Coldwell Banker agent to request more information.

