Log In/Sign Up
Your email has been sent.
Old Reno Post Office 50 S Virginia St 58,323 SF 100% Leased Office Building Reno, NV 89501 $19,000,000 ($325.77/SF)
Investment Highlights
- Historical Art Deco Building with Modern Amenities and Restored Architecture
- Building uses environmentally friendly GeoThermal heat pump system
Executive Summary
Colliers is pleased to present the historic Post Office Building in the heart of downtown Reno for sale. 50 South Virginia is a 58,323 square foot mixed-use building consisting of three levels and a finished and occupied basement called The Basement. The property was built in 1934 and was a Post Office until 2012 when the current owner purchased the property from the Federal Government. Property is situated between the Truckee River Bridge and The Pioneer Center. It overlooks the Truckee River.
Since their acquisition, the new owners have completely upgraded the property, within reason, and per the National Historical Registry standards. Owners have restored the skylight that is over the first floor and open space on the second and third floor, which allows natural light to flow into the interior of the building. The windows were replaced with thermal and operable windows.
Since their acquisition, the new owners have completely upgraded the property, within reason, and per the National Historical Registry standards. Owners have restored the skylight that is over the first floor and open space on the second and third floor, which allows natural light to flow into the interior of the building. The windows were replaced with thermal and operable windows.
Property Facts
Sale Type
Investment
Property Type
Building Size
58,323 SF
Building Class
C
Year Built
1934
Price
$19,000,000
Price Per SF
$325.77
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
14,581 SF
Building FAR
1.17
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
MUDR - Mixed Use
Parking
40 Spaces (0.69 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Skylights
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 011-605-02 | Improvements Assessment | $1,025,597 |
| Land Assessment | $537,599 | Total Assessment | $1,563,196 |
Property Taxes
Parcel Number
011-605-02
Land Assessment
$537,599
Improvements Assessment
$1,025,597
Total Assessment
$1,563,196
1 of 46
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Old Reno Post Office | 50 S Virginia St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.