394 C StVirginia City, NV 89440

Property Details for 394 C St

Year built

1918

Lot size

0.10 AC

Property size (Sq ft)

4,140 SF

Zone code

CR

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

001-062-04

APU

106204

Description

This exceptional commercial property, located at 394 S C St in Virginia City, Nevada, presents a rare investment opportunity. The main building, a beautifully preserved two-story stone and brick structure dating back to 1873, boasts 4,140 square feet. Originally constructed as a grocery store with an 11-unit rooming house, it underwent a significant renovation and upgrade in 2004, transforming it into a 55-seat restaurant and bar with expansion potential. The property also includes a separate two-story residential building, offering three bedrooms and two bathrooms. This adjacent structure is ideal for owner/manager occupancy, providing convenient living quarters, or could generate additional income as a short-term rental. The property is situated in a prime location within Virginia City, a historic town rich in Gold Rush and Silver Boom era heritage. The sale includes only the buildings

• CAP approach

  CAP return

  Valuation

  6%

  $1,024,451

  6.5%

  $945,647

  7%

  $878,101

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,469,429

  Geo Method

  $1,469,429

• Alternative Use

  Use

  Valuation

  Residential

  $945,647

  Hospitality

  $866,207

  Educational

  $720,674

  Medical

  $745,460

  Retail

  $1,121,049

Location Insight

City

Virginia City

County

Storey

State

Nevada

Latitude

39.3054

Longitude

-119.652

CBSA code

39900

CBSA name

RENO-SPARKS, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@paperhouses.co and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.