This Retail Property is Off-Market.

1495 S Virginia St
Reno, NV 89509 ·

1,085 SF · Retail For Sale

N/A

Print

40 Mile Saloon

Price N/A Cap Rate 10.13%
Building Size 1,085 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type Retail (Other) Lot Size 0.21 AC
Property Use Type Net Lease Investment with 4 years left on lease APN / Parcel ID 0141331
Commission Split 3%
Listing ID: 18025845 Date Created: 02/12/2013 Last Updated: 03/15/2013

Description

NNN Leased property completely rehabbed with new electrical, Heat & AC unit,paint, metal flooring, concrete bar, new walk-in cooler and new roof last year. The current tenant has been in this location since 2006. The property has 3 signs. the large 4 section billboard is leased to Clear Channel thru 2017 and the 2 smaller signs leased to Sierra displays to 2017. The sign income is about 25% of the income. Agent is part owner of the property.

At the corner of Mount Rose & Virginia st the property is in the very desirable rapidly expanding Mid Town area. Just a mile or so from the financial center and federal court house also located on Virginia st and a another 1/2 mile to the casinos. The property has parking for 16 and is across the street from a large parking lot. The property has been a bar since the 1920s

Research

1495 S Virginia St, Reno, NV 89509 (Washoe County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Reno Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)