395 C StVirginia City, NV 89440

For Sale
$1,250,000

Historic restaurant & rental, high returns.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional property in Virginia City, Nevada, presents a rare opportunity to own a piece of history and secure a lucrative investment. The 4,140 square foot property comprises two buildings on a 0.1-acre lot. The main building, a beautifully preserved two-story stone and brick structure dating back to 1873, currently houses a thriving 55-seat restaurant and bar occupying 2,186 square feet on the ground floor and an additional 1,250 square feet upstairs, with 440 square feet improved. The restaurant is currently operating at 100% occupancy. Adjacent to the main building is a separate two-story, 1,199 square foot, three-bedroom, two-bathroom home, currently rented month-to-month. This offers potential for owner occupancy or additional rental income as an Airbnb. The property boasts a prime location on a main street, just blocks from the fairgrounds, benefiting from high tourist traffic and local events. The Commercial Residential (CR) zoning allows for diverse uses, including retail, bar, restaurant, or a combination. The property features two keys, two units, and two buildings, all built in 1873 and renovated in 2004. The asking price is $1,250,000, with a price per square foot of $301.93 and a price per unit of $625,000. Its proximity to Reno, Lake Tahoe, and major tech companies adds to its investment appeal. This well-maintained property offers a unique blend of historical charm, income-generating potential, and strategic location, making it an ideal investment for those seeking both immediate returns and long-term growth. Enjoy the scenic views, rich history, and vibrant atmosphere of Virginia City while capitalizing on this exceptional opportunity.

Highlights

  • Historic 1873 building, meticulously preserved, formerly a grocery and rooming house.
  • Thriving restaurant/bar with expansion potential plus a separate 3-bedroom home (Airbnb potential). Commercial/Residential zoning allows multiple uses.
  • High-visibility location on Virginia City's main street, near attractions and events, ensuring high foot traffic.
  • Strategic location near Reno's growing tech sector and Reno-Tahoe International Airport, offering regional economic advantages.
  • Stable income from established restaurant tenant and leased residential unit.

Property Details for 395 C St

Property type
Other retail properties, Individual retail properties
Square Feet
4,140 SF
Year Built/Renovated
1873/2004
Buildings
2
Stories
2
Lot Size (sq. ft)
4,356 SF
Units
2

Location Insight

City
Virginia City
County
Storey
State
Nevada
Latitude
39.305405304861
Longitude
-119.65152023359
395 C St, Virginia City, Nevada

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395 C St
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