• 3390 S Virginia St, Reno, NV 89502

For Sale

Special Purpose

For Sale

This property is available for sale
1.67
Acres
$4,500,000
Sale Price
  • Year Built
    1958
  • Total Building Size
    24,289 RSF
  • Overview

    Primary Corridor on S. Virginia Street with High Visibility of S Virginia and Moana You can buy Building or Building with the Business (NOI was over $285,000 in 2021 and seems to be growing still in 2022) 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.

Contact or Call

For Lease

Special Purpose

3390 S Virginia St

Available now!
24,289
Square feet
$26,718
Per month
  • Time on Market
    over 4 years
  • Space ID
    1900970
Contact or Call

Property Details

High Sierra Lanes - Bowling - development site

Primary Corridor on S. Virginia Street with High Visibility of S Virginia and Moana You can buy Building or Building with the Business (NOI was over $285,000 in 2021 and seems to be growing still in 2022) 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 Type
    Special Purpose
  • Submarket
  • Year Built
    1958
  • Sale Price
    $4,500,000
  • Total Building Size
    24,289RSF
  • Total Acres
    1.67
  • Total Available
    24,289RSF
  • Largest Contiguous
    24,289RSF
  • Sale Status
    Available
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    2127911

Landlord's Leasing/Sales Representatives

  • Dick@Chase-Johnson.com
     
  • Ryan Johnson