Mixed-Use Development
1496 S Virginia Street, Reno, NV 89502
For Sale
$4,500,000
Commercial Sale, Reno, NV
Property Size4,900 SF
Lot Size1.24 Acres
Price / SF$918.37
Days on Market253
Property Features for 1496 S Virginia Street
General Information
Property type
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Zoning
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APN
Size
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Tax Annual Amount
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Building Details
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Listing Agency:
New Dimensions, Inc.
(775) 322-1093
Listed By:
Peter Bosco · License #S.45719
(775) 750-4353
Added: Feb 27
Changed: Nov 5
Last Checked: Nov 6 at 9:06PM
MLS# 260002157
Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1.24-acre commercial land offering includes two existing tenant-occupied buildings totaling 4,900 square feet. The buildings date to 1958 and have block construction, concrete flooring, forced-air heat, central air conditioning, and membrane roofing. Public water and sewer serve the property.
The site comprises three parcels at 1496 and 1500 S. Virginia Street in Reno. It is zoned MU MD and lies within the Opportunity Zone and Reno Development District.
The site comprises three parcels at 1496 and 1500 S. Virginia Street in Reno. It is zoned MU MD and lies within the Opportunity Zone and Reno Development District.
Key Highlights
- 1.24‑acre commercial land site comprising three parcels
- MU MD zoning
- Two tenant‑occupied buildings totaling 4,900 square feet
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Location Intelligence
Trade Area within ½ mile
2,442
Businesses Nearby
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Business Placement
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
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - A 1.24-acre Reno site with MU MD zoning and two tenant-occupied buildings.
Where is this commercial land 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: 1.24‑acre commercial land site comprising three parcels; MU MD zoning; Two tenant‑occupied buildings totaling 4,900 square feet
