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Antique Mall 1251 S Virginia St

17,600 SF Retail Building Reno, NV 89502 $4,650,000 ($264/SF)

Investment Highlights

  • Redevelopment Opportunity
  • Frontage on S Virginia Street
  • Midtown Submarket

Executive Summary

SALE PRICE REDUCTION
Exciting redevelopment opportunity in the heart of the Midtown district. 1251 S Virginia Street consists of 17,600 square feet on a 0.85 acre of land on a hard corner with excellent visibility to high traffic counts on South Virginia Street. The property is surrounded by an
impressive assortment of the best restaurants and bars in Reno.
Significant multifamily development in the area has and continues to add residential and commercial space to this submarket. Recent street improvements to this district have expanded sidewalks making it an ideal urban environment for walkability to restaurants
and retail in the area. This 17,600 square foot building provides a unique opportunity to secure a large block of commercial space in the most sought after submarket in Northern Nevada with opportunity to redevelop the building in a multi-tenant project or build new.
The MU-MC zoning allows for a wide variety of uses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,600 SF
Building Class
C
Year Built
1939
Price
$4,650,000
Price Per SF
$264
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.85 AC
Zoning
MU-MC - Mixed Use Midtown Commercial
Frontage
155 FT on S Virginia St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 17,600 SF
  • Retail
  • -
  • Now

Lease rate is negotiable. 1251 S Virginia Street consists of 17,600 square feet on a 0.85 acre of land on a hard corner with excellent visibility to high traffic counts on South Virginia Street. Located in the midtown district known for its urban charm and walkable streets; funky fashions, antiques, arts, music, entertainment, fresh local eats and bars.

Space Size Space Use Position Available
1st Floor 17,600 SF Retail - Now

1st Floor

Size
17,600 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 17,600 SF
Space Use Retail
Position -
Available Now

Lease rate is negotiable. 1251 S Virginia Street consists of 17,600 square feet on a 0.85 acre of land on a hard corner with excellent visibility to high traffic counts on South Virginia Street. Located in the midtown district known for its urban charm and walkable streets; funky fashions, antiques, arts, music, entertainment, fresh local eats and bars.

Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Order Express, Inc.
CrossFit
Marketon
Bank of America
IHOP
Save Mart
the Human Bean
Sprouts Farmers Market
Smart & Final
Chuy's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
014-125-14
Land Assessment
$308,793
Improvements Assessment
$159,223
Total Assessment
$468,016
  • Listing ID: 32839747

  • Date on Market: 8/16/2024

  • Last Updated:

  • Address: 1251 S Virginia St, Reno, NV 89502

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