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Restaurant Space with Courtyard
For Lease
Contact for pricing

1470 South Virginia Street, Reno, NV 89502

Existing bar, kitchen, and indoor-outdoor dining support restaurant operations.

Space SizeContact for details
Days on Market107

Property Features for 1470 South Virginia Street

General Information

Standard status Active
Property subtype Retail

Space & Availability

Space Use Restaurant
Available From Immediate

Restaurant

Patio Yes
Equipment Included Yes
Listing Agency: CBRE - Reno
Listed By: Matt Grimes · License #0072644
Source: Cbre
Added: May 16 Changed: Aug 30 Last Checked: Aug 30 at 2:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Reno

Investment Insights

Based on property information with market context.

Restaurant space at 1470 South Virginia Street in Reno includes a custom-built bar, full-service kitchen, and separate indoor and outdoor dining areas. The layout also includes a bar and lounge component, along with an outdoor courtyard positioned on a hard corner.

The premises previously operated as Lulou’s for more than 25 years and are described as ready for immediate occupancy. Existing furnishings and restaurant-oriented improvements provide a built-out setting for continued food-service use, with both dining and hospitality areas already in place.

Key Highlights

  • 3,250 property size
  • Custom bar and full‑service kitchen
  • Indoor and outdoor dining areas

Property Analytics

Current Use

Lulou's Restaurant

Suggested Use

Top Pick HVAC Service Veterinary Clinic Storage Facility Daycare Center Butcher Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,442
Businesses Nearby
Under-served
Demand for This Use

Demographics for 89502, NV

47,062
Population
20,781
Households
2.3
Avg Household Size
36
Median Age
19%
College-Educated
80%
High-School Grad
21.5 sq mi
ZIP Area
2,189
Density / Sq Mi
$62,719
Median Household Income
$36,796
Median Earnings
$1,243
Median Rent
$389,200
Median Home Value

Market

Vacancy Rate% for Retail in Reno, NV

6.9% 2019
6.5% 2020
6% 2021
5.5% 2022
5.3% 2023
4.5% 2024
4.7% 2025
Rey
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Similar Off Market Nearby

  • India Kabab & Curry 1091 S Virginia St, Reno, NV 89502

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing bar, kitchen, and indoor-outdoor dining support restaurant operations.
Where is this conventional restaurant located?
The property is located at 1470 South Virginia Street Reno, NV.
What are key features of this property?
This property features: 3,250 property size; Custom bar and full‑service kitchen; Indoor and outdoor dining areas
More about this property
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