OFFICE BUILDING FOR SALE

For Sale

1121 University Terrace, Reno, NV 89503

This Reno property for sale is located at 1121 University Terrace. The current listed sale price for OFFICE BUILDING FOR SALE is $1,040,000. OFFICE BUILDING FOR SALE is situated on a lot that is 18,295 square feet in size.

Contacts

broker
Melissa Molyneaux

Colliers

Property Details

  • Property Type Office - General Office
  • Lot Size 18,295 SF
  • Building Class B
  • Date Updated Jul 25, 2025
Well located off Keystone Avenue in Northwest Reno with outstanding access to I-80 and residential housing, the University of Nevada and downtown Reno. The property was built in 1949 but was purchased by the current owner/occupant and completely remodeled in 2020. Extensive renovations to build it out as a design studio and office for a custom construction company were completed along with a new metal roof, new heating and plumbing, new garage door, new retaining wall in the rear, new security gate for the rear of the property, full interior renovation and an addition to the property. The structure is 2,289 SF and is situated on a 0.42 acre lot. The property is zoned Professional Office (PO). There is ample parking in the front of the property (6+ spaces) as well secured rear area for additional parking or storage. In addition, there is a finished 420 SF garage and a custom outdoor patio area.

Sale Note
With little available product in this submarket, this is an outstanding opportunity. Layout includes 3 private offices, conference area, main restroom, break area/kitchen, reception area with welcoming entry including a fireplace, and large open area currently utilized as a showroom. Layout can easily be adapted for other uses. The finishes are high-end and custom making this a must see property. In addition, there is storage area with an office and restroom. The outdoor area has been custom designed for an outdoor kitchen and covered patio seating. There is also an additional storage shed. Fixtures and equipment can be purchased. The property is ideal for construction trades, office users and buyers looking for a property with ability to add or redevelop. Lot is landscaped with grass and mature trees. The property has been very well cared for and is in great condition with exceptional curb appeal.
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Getting around

  • 79/100

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  • 33/100

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  • 61/100

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Location

  • City Reno, NV
  • Neighborhood West University
  • Zip Code 89503
  • Market Reno

Points of Interest

  • Idlewild Park Train Ride

    0.70 miles

  • Sky Tower, North Tram

    0.77 miles

  • Sky Tower, South Tram

    0.78 miles

  • Casino Tower, North Tram

    0.84 miles

  • Casino Tower, South Tram

    0.84 miles

  • Reno

    1.09 miles

  • ARCO

    0.08 miles

  • 76

    0.16 miles

  • Maverik

    0.49 miles

  • ChargePoint

    0.71 miles

  • Chevron

    0.81 miles

  • Jacksons

    0.85 miles

  • Tesla Destination Charger

    0.85 miles

  • Tesla Supercharger

    0.86 miles

  • 7-Eleven

    1.65 miles

  • Zippy Mart

    1.73 miles

  • Plaza Parking Garage

    0.58 miles

  • Elm Street Parking Garage

    0.60 miles

  • Sixth Street Parking Garage

    0.74 miles

  • Silver 7

    0.79 miles

  • Handicap Parking

    0.79 miles

  • Yellow 2

    0.83 miles

  • Yellow 1

    0.86 miles

  • Metered Parking

    0.87 miles

  • Sierra Street Parking Complex

    0.87 miles

  • Hobey's Parking Garage

    4.29 miles

  • Gateway Inn

    0.23 miles

  • Desert Rose Inn

    0.53 miles

  • El Tavern Motel

    0.60 miles

  • Rancho Sierra Motel

    0.67 miles

  • Sunset Motel

    0.70 miles

  • Midtown Motel

    0.72 miles

  • Easy 8 Motel

    0.72 miles

  • Gatekeeper Inn

    0.74 miles

  • Seasons Inn

    0.77 miles

  • Bonanza Inn

    0.79 miles

  • Raley's

    0.07 miles

  • Save Mart

    0.33 miles

  • Ross

    1.90 miles

  • Kohl's

    1.91 miles

  • Safeway

    1.91 miles

  • Walmart Supercenter

    1.93 miles

  • Marketon

    2.15 miles

  • US Foods Chef's Store

    2.25 miles

  • Sprouts Farmers Market

    2.40 miles

  • Casa Moreno

    3.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Melissa Molyneaux

Colliers

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