Special Purpose•Other•For Sale or Lease

High Sierra Lanes - Bowling

3390 S Virginia St, Reno, Nevada 89502

Sale Price $4,800,000
Lease Rate $0.00 /SqFt NNN
Sale Type Investment
Zoning MUSV
Bldg Type Single Tenant
Year Built 1958
Year Renovated 1965
Stories 2
Vacancy 100%
Gross Bldg 24,289 SqFt
Total Avail 24,289 SqFt
Avail 24,289 to 0 SqFt
Land Area 1.67 Acres
Market Reno
You can buy Building or Building with the Business (NOI was $240,000+ in 2019). 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. You can buy building or Building with the Business. 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. Primary Corridor on S. Virginia Street with High Visibility of S Virginia and Moana
  • Primary Corridor on S. Virginia Street with High Visibility
  • Leased land to Billboard Company
  • Buy Building and/or Business
  • Great location to keep current use or as a Development Site

1 Spaces

Free Standing Building
24,289 SqFt
$0.00 NNN
1/16/2020 7:58:12 PM 1/20/2020 6:04:59 PM
Ryan Johnson
Principal
Chase-Johnson Commercial Real Estate
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