The asset is currently a vacant lot totaling 0.081+ acres currently zoned MU-MC (Mixed Use MidTown Commercial). The zoning does allow for multifamily development and the lot is ready to build with previous plans in place to build 6 multifamily units. Since this site is located within 1 block of S Virginia St, the site does allow for unlimited height/unlimited density and a developer can go up to 5 stories without a major project review. This is a flat site that was previously part of 12 and 22 W Taylor St.
The parcel is located within Reno’s popular MidTown District. Being in the heart of Reno’s MidTown District makes this a very desirable rental for a developer. The building is located 1 block from South Virginia St. and provides a great live – work – play lifestyle, providing easy access to all Northern Nevada’s most popular events, restaurants, coffee shops, and bars.