924 S Virginia St - Loft/Creative Space FOR SALE


Reno, NV 89502
$1,700,000 USD
775-762-7990
924 S Virginia St, Reno, NV for Sale
$1,700,000 USD
Loft/Creative Space - FOR SALE
1/13
null | Request Cap Rate

924 S Virginia St
Reno, NV 89502


HIGHLIGHTS

  • Great owner-user or redevelopment opportunity
  • Prime location with S Virginia Street Frontage
  • Close proximity to more than 250 businesses in Midtown, including 20+ bars and restaurants and 40+ stores and shops
  • Supplemental income from parking lot (currently $1,000/month)
  • Skylights throughout providing ample natural light
  • Approximate roof overlay installation date of 2020

OVERVIEW

Price Reduced and Ready to Sell at $1,700,000! Colliers is pleased to present 924 South Virginia Street for sale. The 5,864 square-foot single-story building is centrally located in MidTown, Reno, and was built in 1960, according to the Washoe County Assessor, and to the best of the owner’s knowledge it was remodeled in the mid-1980’s. The building is well located just south of South Center Street on South Virginia Street. The offering includes an adjacent parking lot totaling 0.414 acres. The property is located in a Qualified Opportunity Zone. Great owner-user or redevelopment opportunity at a prime location with S Virginia Street Frontage. Proximity to over 250 businesses in Midtown, including 20+ bars and restaurants and 40+ stores and shops. Supplemental income from parking lots (currently $1,000/month). Approximate roof overlay installation date of 2020.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office/Residential, Office Live/Work Unit, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,757 SF

ZONING

MU-MC

APN/PARCEL ID

011-334-04,011-334-16,011-334-17

ASK ABOUT THIS PROPERTY

Melissa MolyneauxColliersMore Info
775-762-7990

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Melissa MolyneauxColliersMore Info
775-762-7990

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.