Map of Property

For Sale

MIDTOWN / DOWNTOWN RESTAURANT

516 S Virginia, Reno, NV 89501

Midtown / Downtown RenoLocated at the Heart of Midtown & Downtown Reno. A fantastic restaurant site with parking and a large outdoor patio. Tenant just exercised the first of two Five year options to renew showing commitment to the location and success of the business. .Located at the Heart of Midtown & Downtown Reno. A fantastic restaurant site with parking and a large outdoor patio. Tenant just exercised the first of two Five year options to renew showing commitment to the location and success of the business. Brand new roof in 2025!

Key features

  • NNN LEASEL with 2.5% ANNUAL RENTAL INCREASES
  • Current lease term expires 1/31/29 and tenant has one five year options to renew with annual increases.
  • High-visibility location in MidTown Reno
  • Modern and attractive building design
  • Prominent signage
  • Brand new roof in 2025
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Ryan Johnson

Johnson Group Commercial

Building Details

  • For Sale $1,529,736
  • Property Type Retail - Restaurant
  • Property Size 2,012 SF
  • Units 1
  • Lot Size 0.16 Acre
  • Property Tenancy Single Tenant
  • Year Built 1930
  • Year Renovated 2016
  • Date Updated Jan 23, 2025

Attachments

Getting Around

  • Walk Score ®

    Walker's Paradise (93)

  • Transit Score ®

    Good Transit (50)

  • Bike Score ®

    Very Bikeable (86)
Powered by Walk Score ®

Location

  • City Reno, NV
  • Neighborhood Midtown Reno
  • Zip Code 89501
  • Market Reno

Points of Interest

Sky Tower, South Tram

0.81 miles

Casino Tower, South Tram

0.84 miles

Sky Tower, North Tram

0.85 miles

Casino Tower, North Tram

0.85 miles

Idlewild Park Train Ride

1.23 miles

Tesla Supercharger

0.69 miles

Tesla Destination Charger

0.69 miles

ChargePoint

0.70 miles

ARCO

0.71 miles

76

0.96 miles

Chevron

0.98 miles

Maverik

0.98 miles

Shell

1.11 miles

Arco

1.14 miles

Cal Neva Parking Stadium

0.43 miles

Parking Gallery

0.44 miles

Whitney Peak Parking Garage

0.58 miles

Eldorado Reno Parking Garage

0.63 miles

South Parking Structure

0.79 miles

Sixth Street Parking Garage

0.86 miles

Plaza Parking Garage

0.97 miles

Elm Street Parking Garage

1.00 miles

Gateway Parking Complex

1.10 miles

Save Mart

0.94 miles

Sprouts Farmers Market

1.07 miles

Smart & Final

1.13 miles

US Foods Chef's Store

1.24 miles

Raley's

1.41 miles

Walmart Supercenter

1.62 miles

Silk Road

1.86 miles

Casa Moreno

2.52 miles

Ross

2.63 miles

516 S Virginia Listing Summary

  • What is the asking price at MIDTOWN / DOWNTOWN RESTAURANT?

    MIDTOWN / DOWNTOWN RESTAURANT is currently listed for sale at $1,529,736.

  • What is the total size of MIDTOWN / DOWNTOWN RESTAURANT?

    MIDTOWN / DOWNTOWN RESTAURANT has a total of 2,012 square feet.

  • What is the year built for MIDTOWN / DOWNTOWN RESTAURANT?

    The year built for MIDTOWN / DOWNTOWN RESTAURANT is 1930.

Contact Listing Broker
broker
Ryan Johnson

Johnson Group Commercial

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