Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    101 N Virginia St Reno, NV 89501

    For Sale
    $9,000,000

    Seven-story office/retail building in the heart of Downtown Reno.

    Property size:
    92,000 SF

    Property Features for 101 N Virginia St

    General Information

    Size
    92,000 SF

    Building Details

    Year built
    1965

    Source: David Livingston Agent David Livingston

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Reno Office/Retail Building

    Located in downtown Reno, Nevada, the property at 101 N Virginia St is a seven-story office and retail building constructed in 1965. The building has approximately 92,000 square feet of space and is zoned MD-RD, offering potential for various commercial uses. The first floor provides approximately 14,000 square feet of retail space, suitable for a grocery store. The third floor features a notable window line. The basement level contains a fully built-out entertainment venue. The property is 100% vacant, making it suitable for an owner-user. The location offers strong street visibility and foot traffic, with proximity to dining, entertainment, and transportation options. The surrounding area is a hub of activity with a diverse array of dining, retail, and entertainment options. The Pioneer Center for the Performing Arts and various restaurants are nearby. The location provides convenient access to public transportation and a thriving business community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Uncle Junkee Antique Store Dr. Brian Passalacqua Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Clothing Store Food Market Nail Salon Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reno
    County
    Washoe
    State
    Nevada
    Longitude
    -119.8133351
    Latitude
    39.5258141

    Nearby Similar for Sale

    • New
      $1,225,000
      3,843 SF

      Midtown Reno Investment Opportunity

      Three single-family homes on one parcel in Midtown Reno.
      204 Sinclair St, Reno, NV 89501
      View Details
    • $697,000
      1,474 SF

      Modern Duplex Near Downtown Reno

      Immaculate, fully occupied duplex with strong rental history.
      442 E 7Th St, Reno, NV 89512
      View Details
    • New
      $1,431,000
      3,894 SF

      MidTown Reno Multifamily Investment

      Charming multifamily property in Reno's vibrant MidTown District.
      343 Mount Rose St, Reno, NV 89509
      View Details
    • $725,000
      2,185 SF

      Single-Story Triplex in Reno

      Rare single-story triplex with investment potential in Reno, Nevada.
      10005 Sagewood Dr, Reno, NV 89506
      View Details
    • $2,980,000
      1,100 SF

      Productive Farm with Water Rights

      710.97 acre farm with water rights near Reno, Nevada.
      5555 Sage Flat Rd, Reno, NV 89510
      View Details
    • New
      $765,000
      2,239 SF

      Midtown Reno Triplex Investment Opportunity

      Three-unit property in Midtown Reno, ideal for investors.
      1170 Forest St, Reno, NV 89509
      View Details

    FAQs

    What type of property is this?
    Office building - Seven-story office/retail building in the heart of Downtown Reno.
    Where is this office building located?
    The property is located at 101 N Virginia St Reno, NV.
    What is the asking price?
    The asking price for this property is $9,000,000.
    What are key features of this property?
    This property features: - Prime downtown reno location offering proximity to dining, entertainment, and transportation; - Substantial ±92,000 square foot building with seven stories; - Versatile zoning allows for a range of office-related and commercial ventures
    (702) 533-9562
    Request Owner's contact information
    101 N Virginia St Reno, NV 89501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 N Virginia St
    Reno, NV 89501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 N Virginia St Reno, NV 89501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.