$4,500,000
( $918.37Per Sq Foot )
 $25,551 est/mo Sourced by Back At You

1496 S Virginia Street,Reno, NV 89502

Reno, NV 89502

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Description

Prime development property in the Midtown district. This property is Zoned Mixed Use with unlimited potential. The sale consists of 3 parcels APN#S 012-234-20, 21 and 22. Property addresses include 1496 and 1500 S. Virginia St. Total lot size 1.24 Acres. The current 2 buildings are tenant occupied with a gross income off 9,600 dollars Monthly. Property is located in the Opportunity zone and in the Reno Development district, adding to the value of this property. Buyer and/or buyer's agent to confirm all information.

Details

MLS #260002157
Listing TypeFor Sale
StyleMixed Use
Building Name1496 and 1500
Sub-TypeResale
StatusActive
Year1958
Days On Site205
Listing Provided ByNew Dimensions, Inc. | Peter Bosco

Features

SQ Feet4,900
Story(s)1
Building(s)2
ZoningMU MD
Acreage1.24

Interior

HeatingForced Air
Heating Yes / NoYes
CoolingCentral Air
Cooling Yes / NoYes
Window FeaturesAluminum Frames
Fireplace Yes / NoNo

Exterior

RoofMembrane
Lot FeaturesCorner Lot, Level
Construction MaterialsBlock
Foundation DetailsSlab
FencingNone

Parking

Parking FeaturesAccessible Parking, Asphalt
Attached Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Sewer Connected, Water Connected
SewerPublic Sewer
Electric100 Amp Service

Taxes

Property21800

Area Information

StateNV
CountyWashoe
CityReno
Zip Code89502
AreaWashoe
Listing VS Median (in 89502)
Price:
$4,500,000
low | high
Med:
$440,000
100% of Average
sqft:
4,900
low | high
Med:
796
100% of Average
$ / sqft:
$918
low | high
Med:
$553
89.810161920715% of Average
On site:
205
low | high
Med:
52
100% of Average
Sourced by Back At You

Market Activity 89502

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Learn More About This Property

StateNV
CountyWashoe
CityReno
Zip Code89502
AreaWashoe
Listing VS Median (in 89502)
Price:
$4,500,000
low | high
Med:
$440,000
100% of Average
sqft:
4,900
low | high
Med:
796
100% of Average
$ / sqft:
$918
low | high
Med:
$553
89.810161920715% of Average
On site:
205
low | high
Med:
52
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $3.375M - $5.625M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
251 E Arroyo Street Property Photo 1
$1,195,000
251 E Arroyo Street
Reno, NV 89502
Listing Updated: September 5, 2026 at 8:04:55 AM PDT