960 S Virginia St - Storefront Retail/Office FOR SALE


Reno, NV 89502- Midtown Reno
$8,500,000 USD
775-313-1544
960 S Virginia St, Reno, NV for Sale
$8,500,000 USD
Storefront Retail/Office - FOR SALE
1/13
null | 6.35% Cap Rate

960 S Virginia St
Reno, NV 89502
Midtown Reno


HIGHLIGHTS

  • Historic 1927 Shoshone Coca-Cola Bottling landmark with prime S Virginia St frontage. Fully Renovated 2026.
  • 100% occupied with diversified NNN tenancy - $539,750 NOI at 6.35% cap rate
  • MU-MC zoning, on-site surface parking, dedicated Midtown destination
  • Authentic brick architecture with modern storefront glazing and tenant improvements
  • Curated tenant mix: dining, coffee, bar, wellness, barber, liquor retail, office

OVERVIEW

Exclusive offering of 960 S Virginia St, a fully renovated (2026) 18,920 SF multi-tenant retail & office asset in the heart of Reno's Midtown (AJBQ) District. Originally built in 1927 as the Shoshone Coca-Cola Bottling Company, this historic brick landmark underwent a complete renovation in 2026, adaptively transforming it into a curated lifestyle destination featuring dining, coffee, bar, wellness, barber, office, and high-quality liquor retail. 100% occupied with diversified NNN-structured tenancy generating $539,750 NOI at a 6.35% cap rate. Stabilized, cash-flowing asset with prime S Virginia St frontage, dedicated on-site surface parking, and MU-MC (Mixed Use – Midtown Corridor) zoning supporting a broad range of future uses. Limited supply, high barriers to entry, and strong demographic tailwinds (3-mile median HH income $59,727; 5-mile population 193,252) underpin long-term rent growth and value creation. A rare opportunity to acquire an irreplaceable Midtown landmark with proven in-place income and meaningful upside. TENANT PROFILES: Bora (Restaurant, 3,350 SF) — Full-service dining concept anchoring evening traffic and serving as a primary destination driver. Drink Coffee Do Stuff (Coffee, 3,265 SF) — Popular specialty coffee roaster driving consistent daily foot traffic and activating the morning trade area. Selden (Bar/Lounge, 2,455 SF) — Sophisticated bar concept that complements the restaurant mix, extending dwell times and evening vibrancy. Haumbody Sanctuary (Wellness, 3,000 SF) — Established yoga and fitness studio creating loyal, recurring visitation patterns throughout the week. Members Only (Service/Barber, 1,800 SF) — Premium barber and grooming service providing steady daytime utilization and cross-shopping potential. Marmot Properties (Office, 1,810 SF) — Real estate development and management firm (Owner-User), utilizing office space on-site. Proof Wholesale (Retail, 3,240 SF) — High-quality liquor store serving Midtown's affluent residential and hospitality clientele. Well-positioned to capture evening and weekend traffic from surrounding dining and entertainment venues.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

MU-MC

APN/PARCEL ID

014-066-01

ASK ABOUT THIS PROPERTY

Batuhan ZadehMarmot PropertiesMore Info
775-313-1544

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Batuhan ZadehMarmot PropertiesMore Info
775-313-1544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.