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1338 S Virginia St - Midtown Development Opportunity

0.1 Acres of Commercial Land Offered at £572,025 in Reno, NV 89502

Investment Highlights

  • Fully Engineered Permit Ready Plan Set
  • Mixed-Use Residential Lofts and Retail for F&B
  • Survey, Phase I ESA, Geotech Report
  • Qualified Opportunity Zone
  • (MU-MC) Midtown Commercial Zoning
  • 50' frontage on S. Virginia St and 50' frontage on Holcomb Ave

Executive Summary

Nestled in the heart of Midtown Reno, and located in an Opportunity Zone, this location offers a prime development opportunity for mixed-use retail, residential or office. Investors will enjoy the area's eclectic mix of trendy eateries, art galleries, and unique retail shops. With close proximity to major thoroughfares and the bustling downtown core, the property provides convenient access to the city's renowned business and entertainment hubs. Reno's status as a tech and innovation center fosters a dynamic environment for businesses, making it an appealing choice for commercial real estate investment. Don't miss out on the chance to capitalize on the thriving Reno market with this strategically located property. Seller is a licensed real estate salesperson in Nevada.

Attachments

MidTown Offering Memorandum

Property Facts

Price £572,025 Property Subtype Commercial
Sale Type Investment Total Lot Size 0.10 AC
No. Lots 1 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type Land
Price £572,025
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.10 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price £572,025 Lot Size 0.10 AC
Price Per AC £5,720,250
Price £572,025
Price Per AC £5,720,250
Lot Size 0.10 AC
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Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(971) 219-3344

  • Listing ID: 32261574

  • Date on Market: 26/06/2024

  • Last Updated:

  • Address: 1338 S Virginia St, Reno, NV 89502

The Land Property at 1338 S Virginia St, Reno, NV 89502 is currently available For Sale. Contact John L. Scott Portland SW for more information.

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1338 S Virginia St - Midtown Development Opportunity
(971) 219-3344 x

1338 S Virginia St - Midtown Development Opportunity

Bill Jackson

(971) 219-3344

(971) 219-3344

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