Beautiful brick building built in 1926, offering timeless character and charm. One of the few standalone professional office/residential properties in the heart of downtown, this unique property combines historic appeal with modern updates. Recent upgrades include all new windows, a new electrical panel, new flooring, fresh interior paint, remodeled bathrooms, a new microwave, and freshly painted kitchen cabinets. The property also features a durable metal roof with a lifetime warranty, a newer gas boiler installed in 2019, and a new parking lot completed in 2020. An electric gate provides secure rear access. Ideally located directly across the street from the Truckee River and the scenic Riverwalk with miles of walking and biking paths, the property offers beautiful river views and convenient access to outdoor recreation. Situated on the Riverwalk and just minutes from Idlewild Park, this location provides an exceptional combination of downtown convenience and natural surroundings. Currently zoned for professional office use; however, the City of Reno has indicated the property may be eligible for conversion to residential use, offering excellent flexibility and potential. Buyer to verify with Washoe County.