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$4,500,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 22 hours ago
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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.

Full Property Details for 1496 S Virginia St

General

  • Price: $4,500,000
  • Taxes: $21,800
  • Status: Active
  • Type: Commercial
  • Source: 2502
  • MLS ID: 260002157
  • Updated: 5/31/2026
  • Added to Site: 3 day(s) ago

Business

  • Name: 1496 and 1500
  • Business Type: Retail, Auto Dealer

Interior

  • Flooring: Concrete

Rooms

Other Rooms

  • Laundry: None

Parking

  • Parking Features: Accessible Parking, Asphalt

Location

  • County: Washoe
  • Cross Streets: Mount Rose Street

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Builder: 1496
  • Exterior Const.: Block
  • Roof: Membrane
  • Common Walls: No Common Walls
  • Windows: Aluminum Frames
  • Stories/Levels: 1
  • Building Size: 4900
  • Sq. Ft. Source: Owner
  • Year Built: 1958

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 1.24
  • Lot Size (Sq. Ft.): 54,000
  • Frontage: Public
  • Street/Road Desc.: Paved
  • Lot Features: Corner Lot, Level
  • Zoning: MU MD
  • Fencing (Description): None

Financial Considerations

  • Price Per Sq. Ft.: $918.37
  • Tax Amount: $21,800
  • Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

  • APN: 014-234-20

Listed by New Dimensions, Inc., Peter Bosco (775) 750-4353

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Listing agent

— 1496 S Virginia St —

  • Peter Bosco

    New Dimensions, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1496 S Virginia St

School District:Washoe County School District
NameGradesDistance
Veterans Memorial Elementary School
1200 Locust Street, Reno, NV 89502
K-50.4 mi
E Otis Vaughn Middle School
1200 Bresson Avenue, Reno, NV 89502
6-80.7 mi
Earl Wooster High School
1331 East Plumb Lane, Reno, NV 89502
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1496 S Virginia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/27/2026
Listed
$4,500,000
637.7%
MLS
1/11/2011
Sold
$610,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1496 S Virginia St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,151
8%
$242,330
4%
2024
$6,627
8%
$232,680
2%
2023
$6,138
8%
$227,294
27%
2022
$5,684
8%
$179,568
13%
2021
$5,263
—
$158,924
—
2021
$5,263
12%
$159,163
16%
2019
$4,716
5%
$137,187
12%
2018
$4,500
3%
$122,595
3%
2017
$4,354
1%
$118,592
—
2016
$4,312
—
$118,816
1%
2015
$4,305
3%
$117,792
4%
2014
$4,166
—
$113,572
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by New Dimensions, Inc., Peter Bosco (775) 750-4353

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1496 S Virginia Street, Reno, NV 89502 (MLS# 260002157) is a Commercial property. 1496 S Virginia Street is currently listed for $4,500,000 and was received on May 31, 2026. Want to learn more about 1496 S Virginia Street? Do you have questions about finding other Commercial real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

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