High Sierra Lanes Entertainment
3390 S Virginia St, Reno, NV 89502
Established entertainment center with bowling, arcade, and gambling machines.
Type:Retail, Multifamily, Mixed Use, Land, Special Purpose
Property size:
24,289 SFPrice / SF:
$205/SF- Added:
- Jul 8, 2025
- Days on Market:
- 309
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 3390 S Virginia St
General Information
- Standard status
- Active
- Size
- 24,289 SF
- Property subtype
- Retail, Multifamily, Mixed Use, Land, Special Purpose
Building Details
- Year Built
- 1958
Listing agent RYAN JOHNSON License #NV BS1707
Listing office Johnson Group Commercial
Listing date Jul 8, 2025
Source Crexi
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 Johnson Group Commercial
HighLights
- Substantial Net Operating Income (NOI): $285,000 in 2021, trending towards $343,000 in 2022.
- Prime Location: Situated on the South Virginia corridor between the Peppermill and Atlantis Hotel and Casinos.
- Established Business: High Sierra Lanes has been in operation for over 20 years with a consistent cash flow.
- Diverse Revenue Streams: Features 24 bowling lanes, gambling machines, arcade, snack bar, pro shop, and embroidery shop.
- Strong Customer Base: Over 2000 league bowlers with leagues six nights a week.
- Redevelopment Potential: Site may be suitable for apartments or a mixed‑use project.
Overview
This property, located on the South Virginia corridor between the Peppermill and Atlantis hotels and casinos, presents an opportunity for an investor or owner-user. High Sierra Lanes, an established business of over twenty years, features a family entertainment center with 24 bowling lanes, 15 gambling machines, an arcade, a full-service snack bar, a pro shop, and an embroidery shop. The business benefits from a consistent customer base of over 2000 league bowlers, with leagues operating six nights a week. Black light bowling events are hosted on Friday and Saturday nights with a DJ. The center is a popular venue for holiday parties and business gatherings. The owner is willing to provide training to a new owner or manager. The business employs seven full-time and approximately 13 part-time employees. The property is located approximately a 1/2 mile away from the emerging development of Park Lane. The property may be suitable for redevelopment into apartments or a mixed-use project. The property size is 24289 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
High Sierra Lanes
Bowling Alley
GIT-R-SMOKED
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Reno
- County
- Washoe
- State
- Nevada
- Longitude
- -119.7958589
- Latitude
- 39.4928761
Nearby Similar for Sale
FAQs
What type of property is this?
Bowling alley - Established entertainment center with bowling, arcade, and gambling machines.
Where is this bowling alley located?
The property is located at 3390 S Virginia St Reno, NV.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Substantial Net Operating Income (NOI): $285,000 in 2021, trending towards $343,000 in 2022.; Prime Location: Situated on the South Virginia corridor between the Peppermill and Atlantis Hotel and Casinos.; Established Business: High Sierra Lanes has been in operation for over 20 years with a consistent cash flow.
