902 S Virginia St, Reno, NV 89502
Existing bar building with seating and open floor area, plus a recently repaved parking lot.
Property Features for 902 S Virginia St
General Information
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Investment Insights
Based on property information with market context.
The City’s zoning code is described as allowing unlimited height and unlimited density for construction on site. The remarks state that up to 5 stories and 75’ can be built without additional site plan review, though the shade ordinance may apply. The seller’s materials note that highest and best use would be ground floor retail with living units above, and reference a potential concrete podium with wood-frame residences to create multiple commercial spaces and residential units. The MidTown parking requirements are described as very liberal, and the remarks indicate the City has expressed willingness to convert Taylor Street to one-way and provide diagonal parking on one side to help address parking requirements.
Key Highlights
- +/- 6,490 SF development site in Reno’s MidTown District with an existing +/- 1,316 SF bar and parking lot
- Zoning code allows unlimited height and unlimited density; up to 5 stories and 75' can be built without additional site plan review (shade ordinance may apply)
- Recently repaved parking lot and exterior kept up well
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 89502, NV
Market
Vacancy Rate% for Multifamily in West region
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