1049 S Virginia St
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1049 S Virginia St
5,500 SF Retail Building Reno, NV 89502 $1,790,000 ($325/SF)
Investment Highlights
- High traffic and very busy frontage
- Delivered vacant
- Open floor plan
Executive Summary
Perfect building and location for a bar or restaurant. Discover this unique 5,500 sq ft property built in 1931, located in the bustling heart of Midtown Reno. Nestled in the vibrant heart of Midtown, this property boasts original brickwork that exudes classic charm and character, appealing to buyers looking for a unique space.
Located in Midtown Reno, one of the city's most sought-after districts, this property is surrounded by thriving local craft businesses known for their successful operations and strong community ties. The area’s bustling atmosphere and continuous influx of visitors make it a prime location for any business.
The building features a quaint back area that offers potential for conversion into a delightful patio—perfect for an outdoor seating area or a relaxing urban garden. This added feature provides an excellent opportunity to create a welcoming environment that enhances customer experience.
As an additional benefit, the selling company, a seasoned general contractor, is readily available to provide buyers with estimates and innovative ideas for any desired renovations or customizations. This support can be invaluable in transforming the space to fit specific business needs or personal tastes.
This historic property is not just a building but a statement of style and history, ideal for those looking to make a mark in Midtown Reno. Don’t miss out on this exceptional opportunity to invest in a location where the past and future of business thrive together.
Currently occupied by the business owner, the property is available with the option of a short-term lease back.
Located in Midtown Reno, one of the city's most sought-after districts, this property is surrounded by thriving local craft businesses known for their successful operations and strong community ties. The area’s bustling atmosphere and continuous influx of visitors make it a prime location for any business.
The building features a quaint back area that offers potential for conversion into a delightful patio—perfect for an outdoor seating area or a relaxing urban garden. This added feature provides an excellent opportunity to create a welcoming environment that enhances customer experience.
As an additional benefit, the selling company, a seasoned general contractor, is readily available to provide buyers with estimates and innovative ideas for any desired renovations or customizations. This support can be invaluable in transforming the space to fit specific business needs or personal tastes.
This historic property is not just a building but a statement of style and history, ideal for those looking to make a mark in Midtown Reno. Don’t miss out on this exceptional opportunity to invest in a location where the past and future of business thrive together.
Currently occupied by the business owner, the property is available with the option of a short-term lease back.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,500 SF
Building Class
C
Year Built
1931
Price
$1,790,000
Price Per SF
$325
Tenancy
Single
Building Height
1 Story
Building FAR
0.78
Land Acres
0.16 AC
Zoning
MU-MC
Parking
5 Spaces (0.91 Spaces per 1,000 SF Leased)
Frontage
56 FT on South Virginia St
Amenities
- Bus Line
- Signage
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (84)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 014-064-06 | Improvements Assessment | $51,839 |
| Land Assessment | $68,600 | Total Assessment | $120,439 |
PROPERTY TAXES
Parcel Number
014-064-06
Land Assessment
$68,600
Improvements Assessment
$51,839
Total Assessment
$120,439
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