960 S Virginia St
960 S Virginia Street is a fully renovated 18,920 SF mixed-use property in Reno's Midtown District, offered at $8,500,000 at a 6.35% cap ($539,750 NOI). The historic 1927 brick building, originally the Shoshone Coca-Cola Bottling Company, was comprehensively renovated in 2026 and is 100% leased to a diversified roster of NNN tenants across restaurant, coffee, bar, wellness, retail, and office uses.
The two-story, single-building asset sits on 0.61 acres with 12 on-site parking spaces along South Virginia Street in the heart of Midtown's vibrant commercial corridor. The tenant roster includes Bora (full-service restaurant), Drink Coffee Do Stuff (specialty coffee roaster), Selden (bar and lounge), Haumbody Sanctuary (yoga and wellness studio), Members Only (premium barber and grooming), Marmot Properties (real estate office), and Proof Wholesale (high-end liquor retailer). This complementary mix drives consistent foot traffic throughout the day and evening. The property benefits from MU-MC zoning, prime South Virginia Street frontage, and strong surrounding demographics, with limited comparable supply and high barriers to entry supporting long-term value appreciation.
- 100% leased to seven NNN tenants with diversified uses
- Historic 1927 building fully renovated in 2026
- Prime Midtown District location on South Virginia Street
- Complementary tenant mix drives consistent foot traffic
- Public transportation access including bus lines and commuter rail
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Features & amenities
Location
960 S Virginia Street presents a rare opportunity to acquire a fully renovated 18,920-square-foot mixed-use retail and office property located in the heart of Reno's vibrant Midtown (AJBQ) District. Originally constructed in 1927 as the historic Shoshone Coca-Cola Bottling Company, the landmark brick building underwent a comprehensive renovation in 2026, transforming it into a modern lifestyle destination featuring a curated mix of restaurant, coffee, bar, wellness, barber, office, and specialty retail tenants while preserving its historic character.
The property is 100% leased with a diversified roster of NNN tenants, generating an annual net operating income (NOI) of $539,750 at a 6.35% capitalization rate. Benefiting from prime frontage along South Virginia Street, dedicated on-site surface parking, and MU-MC (Mixed Use – Midtown Corridor) zoning, the asset offers stable cash flow with flexibility for future growth. Strong surrounding demographics, limited supply of comparable properties, and high barriers to entry further enhance its long-term investment potential and value appreciation.
The tenant mix includes Bora, a full-service restaurant that anchors evening activity; Drink Coffee Do Stuff, a popular specialty coffee roaster attracting consistent daily visitors; Selden, a bar and lounge that complements the area's dining scene; Haumbody Sanctuary, a well-established yoga and wellness studio; Members Only, a premium barber and grooming service; Marmot Properties, an on-site real estate development and management office; and Proof Wholesale, a high-end liquor retailer serving the Midtown residential and hospitality market. Together, these complementary tenants create a dynamic destination with consistent foot traffic throughout the day and evening, making this a premier, income-producing investment in one of Reno's most sought-after districts.