Reno, NV Sports & Entertainment Properties for Sale

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Sparks, NV Sun Valley, NV Verdi, NV

$5,000,000

24,289 SF

Bowling Alley and Entertainment Center

3390 S Virginia St |, Reno, NV 89502

Established bowling alley with consistent cash flow and entertainment options.

Prime location on South Virginia Street, a high‑visibility corridor.
Established business (High Sierra Lanes) with over 20 years of consistent cash flow and a loyal customer base.
Family entertainment center featuring 24 bowling lanes, gambling machines, arcade, full‑service snack bar, pro shop, and embroidery shop.
Opportunity to purchase the building and/or the business.
Potential for continued operation as a successful entertainment venue or redevelopment of the site.

Updated: Sep 25, 2025

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$5,000,000

24,289 SF

High Sierra Lanes Entertainment Center

3390 S Virginia St, Reno, NV 89502

Established entertainment center with bowling, arcade, and gambling machines.

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.

Updated: Jul 8, 2025

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Based on your search, we've compiled 133 Potential Opportunities for your consideration. Besides 2 Active listings in Reno, NV, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 123 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Contact for pricing

1.17 Acres

Grizzly Ranch Golf Course Lot

1.17-acre lot in gated community with golf course views.

69 Blacktail Ridge, Portola, CA 96122

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$1,195,000

0.80 Acres

Land Near Lake Tahoe

Homesite in Clear Creek Tahoe, near golf, lake, and ski.

245 Redding Way, Carson City, NV 89705

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$35,000

1.24 Acres

Golf Course View Land Parcel

1.24 acre lot in Nakoma resort community.

1348 Red Sky, Portola, CA 96122

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$1,450,000

1.45 Acres

Land in Clear Creek Tahoe

Homesite with golf course views in mountain community.

233 Walton Toll Road lot: 216, Carson City, NV 89705

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$199,000

0.32 Acres

Golf Course View Homesite

Rare golf course lot with mountain, pond, and fairway views.

7465 Island Queen Drive, Sparks, NV 89436

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Contact for pricing

0.63 Acres

Land in Grizzly Ranch

Land in premier community with golf, recreation, and nature.

78 S Ridge Road lot: 256, Portola, CA 96122

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$85,000

0.66 Acres

Grizzly Ranch Homesite Opportunity

Dream homesite in exclusive Grizzly Ranch community.

241 Fox Sparrow lot: 135, Portola, CA 96122

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$149,900

1.44 Acres

Portola Land with Mountain Vistas

1.44 acre homesite with custom home design included.

757 Dancing Bears lot: 102, Portola, CA 96122

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Off-Market Properties in Reno, NV

Consider similar Off-Market properties in Reno, NV. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1201 Stardust St

BOWLING ALLEY • 31,792 SF

Value Estimation

$1,305,000

1201 Stardust St, Reno, NV 89503-4274

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13101 Virginia St

CASINO • 53,394 SF

Value Estimation

$2,300,000

13101 Virginia St, Reno, NV 89511-8974

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501 Riverside Dr

THEATER (MOVIE) • 7,935 SF

Value Estimation by Request

501 Riverside Dr, Reno, NV 89503

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100 Virginia St

AUDITORIUM • 54,238 SF

Value Estimation

$5,785,000

100 Virginia St, Reno, NV 89501-1921

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231 Virginia St

CASINO • 1,386 SF

Value Estimation by Request

231 Virginia St, Reno, NV 89501

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1445 Mdws Pkwy Ste, Unit 206

RECREATIONAL, ENTERTAINMENT • 41,312 SF

Value Estimation

$9,955,000

1445 Mdws Pkwy Ste, Reno, NV 89521-5863

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Somersett Pkwy

RECREATIONAL, ENTERTAINMENT • 5.00 Acres

Value Estimation by Request

Somersett Pkwy, Reno, NV 89523

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1010 6th St

CASINO • 13,275 SF

Value Estimation

$1,025,000

1010 6th St, Reno, NV 89512-3513

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3005 Rhodes Rd

ARENA, CONVENTION CENTER • 20,800 SF

Value Estimation

$4,115,000

3005 Rhodes Rd, Reno, NV 89521-9693

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2955 Rhodes Rd

RECREATIONAL, ENTERTAINMENT • 2,160 SF

Value Estimation

$4,035,000

2955 Rhodes Rd, Reno, NV 89521-9692

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Ww St

CASINO • 5,338 SF

Value Estimation by Request

Ww St, Reno, NV 89501

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735 Ml St

RECREATIONAL, ENTERTAINMENT • 1.82 Acres

Value Estimation by Request

735 Ml St, Reno, NV 89502-1320

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Thomas Crk Rd

RECREATIONAL, ENTERTAINMENT • 67.52 Acres

Value Estimation by Request

Thomas Crk Rd, Reno, NV 89511

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Masters Dr

RECREATIONAL, ENTERTAINMENT • 49.79 Acres

Value Estimation by Request

Masters Dr, Reno, NV 89511

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Masters Dr

RECREATIONAL, ENTERTAINMENT • 32.38 Acres

Value Estimation by Request

Masters Dr, Reno, NV 89511

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2899 Granite Pointe Ct

RECREATIONAL, ENTERTAINMENT • 63.06 Acres

Value Estimation by Request

2899 Granite Pointe Ct, Reno, NV 89511-5331

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2905 Arrowcreek Pkwy

COUNTRY CLUB • 11,842 SF

Value Estimation

$515,000

2905 Arrowcreek Pkwy, Reno, NV 89511-5324

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Winding Rdg Dr

RECREATIONAL, ENTERTAINMENT • 46.22 Acres

Value Estimation by Request

Winding Rdg Dr, Reno, NV 89511

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Via Casa Bella

RECREATIONAL, ENTERTAINMENT • 25.64 Acres

Value Estimation by Request

Via Casa Bella, Reno, NV 89511

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Reno, NV 89511

RECREATIONAL, ENTERTAINMENT • 28.05 Acres

Value Estimation by Request

Reno, NV 89511

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1331 Silverada Blvd

COUNTRY CLUB • 7,444 SF

Value Estimation

$1,145,000

1331 Silverada Blvd, Reno, NV 89512-2707

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233 Virginia St

CASINO • 2,814 SF

Value Estimation by Request

233 Virginia St, Reno, NV 89501-1407

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Reno, NV Sports & Entertainment Properties Investment Opportunities Market Analysis

Explore 125 sports & entertainment properties for sale in Reno, NV on our real estate platform. These investment opportunities span a total of 48,578 square feet of properties for sale, with an estimated market value of $10,000,000.

Sale prices for sports & entertainment properties in Reno, NV start at $5,000,000, averaging $5,000,000, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Map

Top Commercial Asset Segments

Property Size Breakdown

The majority of commercial real estate listings in Reno fall within the 100,000+ square foot range.

Demographics Overview

Population 323K

Population Growth (5Y) +7.0%

Median Household Income $87,673

College Educated 32.3%

High-Yield Neighborhoods for Strategic Investment

Identify Reno submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
89502	$5M

Taxes & Financing

Tax Rate (average for all types) 2.36%

Property Tax per SF $48.20 per sq ft

Average Loan-to-Value 65.0%

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Reach out if you need assistance with Realmo tools or have questions about your listings

Reno, NV Sports & Entertainment Properties for Sale

Bowling Alley and Entertainment Center

Established bowling alley with consistent cash flow and entertainment options.

High Sierra Lanes Entertainment Center

Established entertainment center with bowling, arcade, and gambling machines.

Opportunities in Nearby Cities

Grizzly Ranch Golf Course Lot

Land Near Lake Tahoe

Golf Course View Land Parcel

Land in Clear Creek Tahoe

Potential Development Sites for Consideration

Golf Course View Homesite

Land in Grizzly Ranch

Grizzly Ranch Homesite Opportunity

Portola Land with Mountain Vistas

Off-Market Properties in Reno, NV

1201 Stardust St

13101 Virginia St

501 Riverside Dr

100 Virginia St

231 Virginia St

1445 Mdws Pkwy Ste, Unit 206

Somersett Pkwy

1010 6th St

3005 Rhodes Rd

2955 Rhodes Rd

Ww St

735 Ml St

Thomas Crk Rd

Masters Dr

Masters Dr

2899 Granite Pointe Ct

2905 Arrowcreek Pkwy

Winding Rdg Dr

Via Casa Bella

Reno, NV 89511

1331 Silverada Blvd

233 Virginia St

Reno, NV Sports & Entertainment Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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