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BUILDING FOR SALE - LARGE LOT 3390 S Virginia St 24,289 SF Retail Building Reno, NV 89502 $6,976,000 CAD ($287.21 CAD/SF)
INVESTMENT HIGHLIGHTS
- Primary Corridor on S. Virginia Street with High Visibilty
- Development Project
- Pylon Signage
- Gross Sales $1,600,000 in 2023!!!
EXECUTIVE SUMMARY
Located on the South Virginia corridor right between the Peppermill Hotel and Casino and the Atlantis Hotel and Casino. Just a 1/2 mile away from the new RED DEVELOPMENT High Sierra Lanes has been in business over twenty years and shows a very consistent cash flow year over year. This family entertainment center features 24 lanes of bowling, 15 gambling machines, arcade, full-service snack bar, pro shop, and embroidery shop. Gross Sales approx. $1,600,000 in 2023!!!
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
24,289 SF
Building Class
C
Year Built/Renovated
1958/1965
Price
$6,976,000 CAD
Price Per SF
$287.21 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
1.67 AC
Zoning
MUSV
Parking
110 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- High Sierra Lanes
- -
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| High Sierra Lanes | - | 99,999 SF | - | - |
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 020-201-64 | Improvements Assessment | $384,147 CAD (2025) |
| Land Assessment | $637,436 CAD (2025) | Total Assessment | $1,021,583 CAD (2025) |
PROPERTY TAXES
Parcel Number
020-201-64
Land Assessment
$637,436 CAD (2025)
Improvements Assessment
$384,147 CAD (2025)
Total Assessment
$1,021,583 CAD (2025)
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BUILDING FOR SALE - LARGE LOT | 3390 S Virginia St
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