Mixed-Use Development Parcel

1496 S Virginia Street, Reno, NV 89502

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For Sale

$4,500,000

COMMERCIAL - Reno, NV

Property size:

4,900 SF

Lot size:

1.24 Acres

Price / SF:

$918/SF

HighLights

Zoned Mixed Use—sale includes 3 parcels: APN 012‑234‑20, 012‑234‑21, and 012‑234‑22
Total lot size 1.24 acres with two tenant‑occupied buildings
Addresses include 1496 and 1500 S. Virginia St.
Gross income reported at $9,600 per month; buyer/agent to confirm all information
Opportunity zone and Reno Development district location
Block construction with concrete flooring; membrane roof; forced air heat and central air

We can help!

Contact an agent

Peter Bosco

For Sale

$4,500,000

COMMERCIAL - Reno, NV

Property size:

4,900 SF

Lot size:

1.24 Acres

Price / SF:

$918/SF

Added:: Feb 27, 2026
Days on Market:: 129
Last Refresh:: Jul 6 at 11:06 am

Property Features for 1496 S Virginia Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: MU MD
Window features: Aluminum Frames
Standard status: Active
APN: 014-234-20
Size: 4,900 SF
Lot size: 1.24 Acres

Taxes and HOA fees

Tax Annual Amount: 21800

Utilities

Sewer type: Public Sewer
Heating system: Forced Air
Cooling system: Central Air
Water source: Public

Building Details

Year built: 1958
Floors in Building: 1
Flooring type: Concrete
Building materials: Block
Roof type: Membrane

We can help!

Contact an agent

Peter Bosco

Listing agent Peter Bosco License #S.45719

Listing office New Dimensions, Inc. 5395 Reno Corporate Dr., Reno, NV

Listing date Feb 27, 2026

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.

HighLights

Zoned Mixed Use—sale includes 3 parcels: APN 012‑234‑20, 012‑234‑21, and 012‑234‑22
Total lot size 1.24 acres with two tenant‑occupied buildings
Addresses include 1496 and 1500 S. Virginia St.
Gross income reported at $9,600 per month; buyer/agent to confirm all information
Opportunity zone and Reno Development district location
Block construction with concrete flooring; membrane roof; forced air heat and central air

Overview

This offering is a mixed-use development parcel comprised of three parcels with APN numbers 012-234-20, 21, and 22. The property includes two tenant-occupied buildings at 1496 S. Virginia Street and 1500 S. Virginia Street, on a total lot size of 1.24 acres. Zoning is listed as MU MD. The listing also notes the property is located in an Opportunity Zone and within the Reno Development district, and the buyer/buyers agent should confirm all information.

The current buildings are tenant occupied and generate gross income of $9,600 per month, per the provided remarks. The seller describes the site as being in the Midtown district.

This site may appeal to buyers looking for a mixed-use development opportunity with existing income from tenant occupancy. Because the property is being sold as multiple parcels and includes two buildings, it can also be a practical fit for owners or operators evaluating redevelopment, repositioning, or continued operation, subject to due diligence. All information should be verified by the buyer and/or buyer’s agent.

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Location Insight

Map
Local Demand

City: Reno
County: Washoe
State: Nevada
Longitude: -119.80463
Latitude: 39.509566

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For sale
Mixed-use properties
NV
Reno
89502
1496 S Virginia Street

What type of property is this?

Mixed-use property - Zoned MU MD with two tenant-occupied buildings across three parcels, totaling 1.24 acres.

Where is this mixed-use 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: Zoned Mixed Use—sale includes 3 parcels: APN 012‑234‑20, 012‑234‑21, and 012‑234‑22; Total lot size 1.24 acres with two tenant‑occupied buildings; Addresses include 1496 and 1500 S. Virginia St.

1496 S Virginia Street, Reno, NV 89502

COMMERCIAL - Reno, NV

Property Features for 1496 S Virginia Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Four-Bay Coin-Operated Car Wash

Triplex with Private Entrances

Reno Multifamily Property by Private Lake

Reno Multifamily Investment Opportunity

Two-Unit Duplex with Courtyard

Updated Six-Unit Multifamily Property

Reno Fourplex Investment Opportunity

Reno Multifamily Investment Opportunity

High-Visibility Reno Retail Facility

Charming Multifamily Property in Reno

Two-Story Mixed-Use Building

Old Southwest Reno Duplex

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