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538 S Virginia St 9,000 SF 100% Leased Retail Building Reno, NV 89501 $1,900,000 ($211.11/SF)
INVESTMENT HIGHLIGHTS
- GREAT S VIRGINIA STREET FRONTAGE, HEAVEY PEDESTRIAN TRAFFIC
- BRICK CONSTRUCTION, BASEMENT
- AVALIABLE LOT ADJACENT
EXECUTIVE SUMMARY
PRIME MIDTOWN LEASED INVESTMENT
SOUTH VIRGINIA FRONTAGE AND MORAN STREET FRONTAGE
4500 SQ FT GROUND FLOOR LEASED TWO TENANTS
4500 SQ FT BASEMENT CURRENTLY VACANT
SOUTH VIRGINIA FRONTAGE AND MORAN STREET FRONTAGE
4500 SQ FT GROUND FLOOR LEASED TWO TENANTS
4500 SQ FT BASEMENT CURRENTLY VACANT
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,000 SF
Building Class
C
Year Built
1947
Price
$1,900,000
Price Per SF
$211.11
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.03
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
MU-MC - TWO LOTS S VIRGINIA STREET AND MORAN STREET, ALLY ACCESS
4500 GROUND FLOOR AND
4500 VACANT BASEMENT
Parking
15 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
70’ on S Virginia St
AMENITIES
- Corner Lot
- Restaurant
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $95,437 | |
| Land Assessment | $92,925 | Total Assessment | $188,362 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$92,925
Improvements Assessment
$95,437
Total Assessment
$188,362
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538 S Virginia St
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