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1555 S Wells Avenue

Reno, NV 89502
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 320 Days
  • MLS #: 240006927
Under Contract
UPDATED: 28 min ago
$2,500,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,198
    SQFT
  • $403
    $/SQFT
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

Welcome to the most iconic restaurant building in Reno over the last 50 years. Renovations have brought back the elegant dark-wood feel of the famed Rapscallions Bar & Seafood House. Bring back the days of world class service, intimate dining, martinis and hand shake deals with this layout offering 4 private dining rooms, 10 booths, plus 3 ultra-private dining booths. The bar and kitchen area are completely resurfaced. Bar was completely renovated with new plumbing and the roof is only 3 years old! THERE IS INTEREST FROM AN ORGANIZATION THAT COULD PROVIDE $500,000 OF ANNUAL LUNCH SALES AT THIS LOCATION! Additionally, there are 2 public bathrooms, 1 kitchen bathroom, 3 walk-in coolers, hot line and separate cold line pass through stations, 2 large prep areas, a walk in wine cellar, and 1,200 square feet of unfinished basement for more storage. Seating capacity shows 250 people. Additionally (not sure if part of square footage) is a separate external executive office with it's entrance and full bathroom. Call agent for more information. Buyer and Buyers agent to verify all!

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Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-23T23:19:47.623.
www.vaulethomes.com/homes/151397178
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1555 S Wells Avenue Reno, NV 89502

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 320 Days
  • Updated: 28 min ago
  • MLS #: 240006927
0
Beds
0
Baths
0
½ Baths
0.48
Acres
6,198
SQFT
$403
$/SQFT
1970
Built
County:
Washoe
Property Description
Welcome to the most iconic restaurant building in Reno over the last 50 years. Renovations have brought back the elegant dark-wood feel of the famed Rapscallions Bar & Seafood House. Bring back the days of world class service, intimate dining, martinis and hand shake deals with this layout offering 4 private dining rooms, 10 booths, plus 3 ultra-private dining booths. The bar and kitchen area are completely resurfaced. Bar was completely renovated with new plumbing and the roof is only 3 years old! THERE IS INTEREST FROM AN ORGANIZATION THAT COULD PROVIDE $500,000 OF ANNUAL LUNCH SALES AT THIS LOCATION! Additionally, there are 2 public bathrooms, 1 kitchen bathroom, 3 walk-in coolers, hot line and separate cold line pass through stations, 2 large prep areas, a walk in wine cellar, and 1,200 square feet of unfinished basement for more storage. Seating capacity shows 250 people. Additionally (not sure if part of square footage) is a separate external executive office with it's entrance and full bathroom. Call agent for more information. Buyer and Buyers agent to verify all!
Exterior Features

Access Road Paved/Concrete Construction Masonry Exterior Wood SidingBrick Fenced FrontYes Foundation Basement/FinishedBasement/Unfinished Landscaped Partially LandscapedYes Loading Delivery Door Location Corner Lot Parking Spaces 34 Roll Up Doors None Roof MembraneFlat Sprinklers Drip-Full

Interior Features

Ceiling Height 11 to 15 Flooring ConcreteCarpetWood Heating Cooling Natural GasForced Air Interior Walls MasonryPaneledSheet Rock Restrooms Three or More Stories 1 Story Water Heater Natural Gas Windows Combo/Varies

Property Features

Access Public Commercial Type Retail Common Area Facilities None Current Use Restaurant Documents On File None Green Features None Hoa Fee 0 Included In Monthly Fees None Other Features Alley AccessFire AlarmFire Sprinkler Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Utilities CableCity SewerElectricityNatural GasTelephoneWater Meter InstalledCity/County Water Wiring 220 Volts Zoning Actual GC

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Blue Sierra Realty: .

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2025-04-23T23:19:47.623.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502