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Mixed-Use Development Property

1496 S Virginia Street Reno, NV 89502

1496 S Virginia Street, Reno, NV, 89502
$4,500,000
For Sale
$4,500,000

Three-parcel mixed-use site with two tenant-occupied buildings generating $9,600 monthly gross income.

Property Size4,900 SF
Lot Size1.24 Acres
Price / SF$918.37
Days on Market149

Property Features for 1496 S Virginia Street

General Information

Standard status
Active
Size
4,900 SF
Lot size
1.24 Acres
Property subtype
Mixed Use

Building Details

Year Built
1958
Listing Agency New Dimensions, Inc.
Listed by Peter Bosco · License #S.45719
Source Xome
Added: Feb 22 Updated: Jul 19 at 2:14 am Checked: Jul 20 at 1:47 am

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 New Dimensions, Inc.


Investment Insights

Based on property information with market context.

This for-sale development property includes three parcels (APN #012-234-20, 21 and 22) totaling 1.24 acres. The offering consists of two existing buildings that are currently tenant occupied.

The property is zoned Mixed Use and is located in the Midtown district. It also sits within the Opportunity Zone and the Reno Development district, with the specific addresses listed as 1496 and 1500 S. Virginia St., Reno, NV 89502. The current gross income is reported as $9,600 per month.

Buyer and/or buyer’s agent should confirm all information, including zoning and any development uses, as stated in the remarks.

Key Highlights

  • Mixed‑use, corner lot development site on 1.24 acres with paved, public roads and level topography
  • Zoned mixed use; located in the Opportunity zone and the Reno Development district
  • Sale includes three parcels: APN 012‑234‑20, 012‑234‑21, and 012‑234‑22 (addresses: 1496 and 1500 S. Virginia St.)

Property Analytics

Location Intelligence

Current Use by Public Records

Best Deals on Wheels ... Car Dealership Midtown Reno Auto ... Church

Suggested Use

HVAC Service Storage Facility Daycare Center Veterinary Clinic Locksmith Butcher Pet Store Electrical Service Grocery & Convenience Store Furniture & Home Goods

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

FAQs

What type of property is this?
Specialty property - Three-parcel mixed-use site with two tenant-occupied buildings generating $9,600 monthly gross income.
Where is this specialty property located?
The property is located at 1496 S Virginia Street Reno, NV.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Mixed‑use, corner lot development site on 1.24 acres with paved, public roads and level topography; Zoned mixed use; located in the Opportunity zone and the Reno Development district; Sale includes three parcels: APN 012‑234‑20, 012‑234‑21, and 012‑234‑22 (addresses: 1496 and 1500 S. Virginia St.)
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