Retail Space
3390 South Virginia Street Reno, NV 89502
Details & Description
Price: $4,400,000
    You can buy Building or Building with the Business (NOI was $240,000+ in 2019).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 emerging development of Park Lane 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. The business has a very consistent customer base of over 2000 league bowlers with leagues six nights a week. The center boasts black light bowling both Friday night and Saturday night with a DJ to host the party. This is a hot spot for holiday parties and business gatherings/meetings. The owner is willing to stay on to train the new owner / manager. There are seven full-time employees and approximately 13 part-time employees.
    Property Highlights
     Primary Corridor on S. Virginia Street with High Visibility
     Great location to keep current use or as a Development Site
    Additional Photos
    Listing Agents
    Ryan Johnson

    M: 775-415-9142
    ryan@chase-johnson.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3390 South Virginia Street

    Reno, NV 89502

    Listing ID: 274613
    • 3390 South Virginia Street Reno, NV 89502 | for Sale | Photo 1
    • 3390 South Virginia Street Reno, NV 89502 | for Sale | Photo 2
    • 3390 South Virginia Street Reno, NV 89502 | for Sale | Photo 3
    • 3390 South Virginia Street Reno, NV 89502 | for Sale | Photo 4
    • 3390 South Virginia Street Reno, NV 89502 | for Sale | Photo 5
    3390 South Virginia Street | for Sale | Thumbnail 1
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    Building Size: 24,289 SF
    Lot Size: 1.670 AC
    Land Size: 72,745 SF
    Building $/SF: $181.15
    Land $/SF: $60.49
    Price
    $4,400,000
    Property Highlights
    Primary Corridor on S. Virginia Street with High Visibility
    Buy Building andor Business
    Leased land to Billboard Company
    Great location to keep current use or as a Development Site
    Description

    You can buy Building or Building with the Business (NOI was $240,000+ in 2019).

    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 emerging development of Park Lane 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. The business has a very consistent customer base of over 2000 league bowlers with leagues six nights a week. The center boasts black light bowling both Friday night and Saturday night with a DJ to host the party. This is a hot spot for holiday parties and business gatherings/meetings. The owner is willing to stay on to train the new owner / manager. There are seven full-time employees and approximately 13 part-time employees.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Reno History of Retail Space for Sale

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    Reno Area Market Trends

    Listing Demographics for 3390 South Virginia Street Reno, NV 89502

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population24,49887,089209,001
    Population Median Age354038
    Population by Age0-9 Yrs3783 (15%)10265 (11%)24745 (11%)
    10-19 Yrs3055 (12%)8518 (9%)24405 (11%)
    20-29 Yrs4575 (18%)14272 (16%)37107 (17%)
    30-39 Yrs3801 (15%)12143 (13%)28008 (13%)
    40-49 Yrs2788 (11%)10443 (11%)22979 (10%)
    50-59 Yrs2640 (10%)11182 (12%)25752 (12%)
    60-69 Yrs2052 (8%)10548 (12%)23851 (11%)
    70+ Yrs1805 (7%)9718 (11%)22153 (10%)
    Median HH Income$37,989$48,092$51,740
    Total Household Income< 24K3077 (30%)9512 (23%)19937 (22%)
    25-49K3585 (35%)11096 (27%)23380 (26%)
    50-74K1944 (19%)6846 (17%)15776 (17%)
    75-99K785 (7%)4350 (10%)10155 (11%)
    100-199K580 (5%)5858 (14%)14986 (16%)
    200K+177 (1%)2094 (5%)4943 (5%)
    Highest Education LevelNo Diploma4270906519820
    Diploma or GED42331422733728
    Some College36111568934451
    Assoc. Degree959441610874
    Bachelors Degree17751160026583
    Higher Degree650718816348
    Total Housing Units10,95042,85095,898
    --Owner-Occupied1,99214,69138,028
    --Renter-Occupied8,15725,06551,148
    Owner-Occupied Values< 100K74215473439
    100-199K34218655277
    200-299K36528788675
    300-399K26730958134
    400-499K13721935199
    500K+13931147304
    Total Working Age Population18,77371,674170,730
    In Work Force13,12248,638114,956
    Not In Work Force5,65023,03655,775
    Workforce Employed12,13845,834107,760
    Workforce Unemployed9842,7967,108
    Civlian Workforce13,12248,630114,868
    Military Workforce0888
    Total Households10,14939,75689,177
    Family Households5,10418,99246,741
    Non-Family Households5,04420,76442,436
    Married Couple2,74412,20231,520
    Other Family2,3606,79015,221
    Married w/Child1,4464,69312,331
    Single Male w/Child3141,1902,432
    Single Female w/Child1,0932,6176,018

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Nevada1,998,257+352,700,551+173,149,234+103,460,728
    Lyon County34,501+5151,980+1257,987+1365,788
    Storey County3,399+184,010+114,465+295,759
    Washoe County339,486+24421,407+14479,336+13542,877

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3390 South Virginia Street in Reno?
    The asking price for 3390 South Virginia Street is $4,400,000
    What is the building size of this Retail property in Reno, NV?
    The size of the building/unit at 3390 South Virginia Street in Reno is 24,289 square feet
    How much land does the Reno, NV property at 3390 South Virginia Street include?
    3390 South Virginia Street in Reno includes 1.670 acres of land
    What kind of Retail is the propery at 3390 South Virginia Street?
    The property at 3390 South Virginia Street Reno, NV 89502 is listed as a Other Retail Retail property
    What is the population within 1 mile of 3390 South Virginia Street in Reno?
    The population within 1 mile of 3390 South Virginia Street Reno, NV 89502 is 24,498 people.
    Who do I contact for questions about 3390 South Virginia Street?
    You should contact the listing agent, Ryan Johnson, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Reno Tahoe International Airport (RNO) 2
    Sacramento International Airport (SMF) 111
    Metropolitan Oakland International Airport (OAK) 179